Northrop Grumman Trading Volume Plummets 59% to 96th Position Despite Stock Price Rise

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 7:40 pm ET1min read

On April 23, 2025,

(NOC) saw a significant drop in trading volume, with a total of $910 million in shares traded, marking a 59.28% decrease from the previous day. This decline placed Northrop Grumman at the 96th position in terms of trading volume for the day. Despite the drop in volume, the stock price rose by 1.85%.

Northrop Grumman Corporation is a diversified defense contractor specializing in aeronautics, defense, and space systems. The company's aerospace segment is responsible for creating the fuselage for various aircraft, among other components.

Northrop Grumman's first quarter 2025 earnings report, released on April 22, 2025, showed a 7% decrease in sales compared to the same period last year, totaling $9.5 billion. This decline in sales has raised concerns among investors about the company's financial performance and future prospects.

Despite the recent setbacks, Northrop Grumman remains a significant player in the defense industry, with a market value of $76.59 billion and 144.14 million shares outstanding. The company's earnings per share (EPS) for the trailing twelve months (TTM) stand at $28.41, with a price-to-earnings (P/E) ratio of 16.40. Additionally, Northrop Grumman offers a dividend yield of 1.77%, providing investors with a steady income stream.

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