Raven Industries Inc. (RAVN) Plunges 8.89% on March 21
Raven Industries Inc. (RAVN) had a rough trading day for Thursday March 21 as shares tumbled 8.89%, or a loss of $-3.43 per share, to close at $35.16. After opening the day at $33.90, shares of Raven…
From the Equity Insider archive. This article dates from Mar 21, 2019 and is preserved as first published.
Raven Industries Inc. (RAVN) had a rough trading day for Thursday March 21 as shares tumbled 8.89%, or a loss of $-3.43 per share, to close at $35.16. After opening the day at $33.90, shares of Raven Industries Inc. traded as high as $36.17 and as low as $33.00. Volume was 437,585 shares over 3,882 trades, against an average daily volume of n/a shares and a total float of 35.96 million.
As a result of the decline, Raven Industries Inc. now has a market cap of $1.26 billion. In the last year, shares of Raven Industries Inc. have traded between a range of $49.80 and $33.15, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Raven Industries Inc is a diversified technology company providing products to customers within the industrial, agricultural, energy, construction, and defense markets. The company has three reportable segments namely Applied Technology, Engineered Films Division, and Aerostar Division. Applied Technology sells its precision agriculture control products to both original equipment manufacturers and through aftermarket distribution partners. Engineered Films produces high-performance plastic films and sheeting for geomembrane, agricultural, construction, and industrial applications, and Aerostar serves the aerospace/defense, radar and lighter-than-air markets. It generates a majority of its revenue from the Engineered Films segment.
The company has three reportable segments namely Applied Technology, Engineered Films Division, and Aerostar Division.
Raven Industries Inc. is based out of Sioux Falls, SD and has some 1,157 employees. Its CEO is Daniel A. Rykhus.
