Blue Chip Stocks To Follow Today - August 3rd

Key Points

• Karman, RF Industries, and NetSol Technologies are identified as top blue chip stocks to follow, showing the highest dollar trading volume recently.
• Karman's stock traded at $50.28 with a strong financial position, as indicated by a quick ratio of 3.23 and a current ratio of 3.34.
• RF Industries and NetSol Technologies have also shown significant performance metrics, with market capitalizations of $84.37 million and $44.62 million respectively.

Karman, RF Industries, and NetSol Technologies are the three Blue Chip stocks to watch today, according to MarketBeat's stock screener tool. Blue chip stocks are shares of large, well-established companies with a long track record of stable earnings, reliable growth, and regular dividend payments. These companies typically have strong balance sheets, recognized brand names, and leadership positions in their industries. Investors often view blue chip stocks as relatively low-risk additions to a diversified portfolio. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

NYSE:KRMN traded down $1.42 on Friday, reaching $50.28. The stock had a trading volume of 1,014,496 shares, compared to its average volume of 2,111,945. Karman has a 1-year low of $25.02 and a 1-year high of $57.31. The company has a quick ratio of 3.23, a current ratio of 3.34 and a debt-to-equity ratio of 1.15. The stock's fifty day simple moving average is $47.82.

Read Our Latest Research Report on KRMN

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

NASDAQ:RFIL traded down $0.34 on Friday, reaching $7.90. The stock had a trading volume of 142,599 shares, compared to its average volume of 249,522. The company has a market capitalization of $84.37 million, a P/E ratio of -60.77 and a beta of 0.82. RF Industries has a 1-year low of $3.27 and a 1-year high of $9.21. The stock has a fifty day moving average price of $6.02 and a 200-day moving average price of $4.95.

Read Our Latest Research Report on RFIL

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NASDAQ NTWK traded down $0.26 during trading hours on Friday, hitting $3.81. The company's stock had a trading volume of 50,114 shares, compared to its average volume of 56,885. The stock has a fifty day moving average of $3.33 and a 200 day moving average of $2.78. NetSol Technologies has a twelve month low of $2.14 and a twelve month high of $4.59. The firm has a market capitalization of $44.62 million, a P/E ratio of 190.60 and a beta of 1.01.

Read Our Latest Research Report on NTWK

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