Root9B Holdings (RTNB) Reaches $0.38 52 Week Low; Knott David M Has Increased General Electric (GE) Stake By $648,000

November 14, 2017 - By Richard Conner

The stock of Root9B Holdings Inc (NASDAQ:RTNB) hit a new 52-week low and has $0.34 target or 9.00% below today’s $0.38 share price. The 6 months bearish chart indicates high risk for the $2.30 million company. The 1-year low was reported on Nov, 14 by Barchart.com. If the $0.34 price target is reached, the company will be worth $207,000 less. About 1.33 million shares traded or 104.26% up from the average. Root9B Holdings Inc (NASDAQ:RTNB) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Knott David M increased General Electric (GE) stake by 512.82% reported in 2017Q2 SEC filing. Knott David M acquired 24,000 shares as General Electric (GE)’s stock declined 7.64%. The Knott David M holds 28,680 shares with $775,000 value, up from 4,680 last quarter. General Electric now has $159.48 billion valuation. The stock declined 3.34% or $0.64 reaching $18.39 on the news. About 24.70 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since November 14, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Among 25 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 5 Sell and 9 Hold. Therefore 44% are positive. General Electric Company had 75 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, October 6. On Monday, October 23 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Equal-Weight” rating given on Monday, October 2 by Morgan Stanley. William Blair upgraded General Electric Company (NYSE:GE) rating on Tuesday, October 13. William Blair has “Outperform” rating and $32 target. The firm has “Sell” rating given on Friday, May 12 by Deutsche Bank. The rating was maintained by Bernstein with “Market Perform” on Tuesday, July 26. As per Monday, July 17, the company rating was maintained by Cowen & Co. Oppenheimer maintained General Electric Company (NYSE:GE) on Monday, July 17 with “Hold” rating. On Thursday, January 21 the stock rating was initiated by Citigroup with “Buy”. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, October 24 report.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. It dropped, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. 4.61 billion shares or 0.66% more from 4.58 billion shares in 2017Q1 were reported. Capital Counsel Limited Company invested in 20,965 shares or 0.05% of the stock. Opus Gp Ltd Liability Com invested in 13,881 shares or 0.07% of the stock. Finance Partners Mngmt Limited Liability holds 149,945 shares or 0.85% of its portfolio. Tributary Cap Limited Liability Com holds 0.06% or 26,375 shares. Quadrant Cap Lc reported 76,032 shares stake. Macroview Inv Management Limited Company holds 240 shares or 0.03% of its portfolio. First Dallas Secs reported 80,768 shares stake. 70.85 million were reported by Trian Fund Lp. Loring Wolcott And Coolidge Fiduciary Llp Ma holds 0.57% of its portfolio in General Electric Company (NYSE:GE) for 1.11 million shares. Illinois-based Northern Corporation has invested 0.86% in General Electric Company (NYSE:GE). 701,280 are held by Webster Bank & Trust N A. Moreover, Royal Commercial Bank Of Scotland Group Pcl has 0.06% invested in General Electric Company (NYSE:GE) for 10,079 shares. Solaris Asset Mngmt Limited Liability Corporation has invested 0.16% in General Electric Company (NYSE:GE). Torch Wealth Mgmt Ltd Co accumulated 105,562 shares. Neuberger Berman Gp Lc has invested 0.12% in General Electric Company (NYSE:GE).

root9B Holdings, Inc., formerly root9B Technologies, Inc., is engaged in providing cybersecurity, business advisory services principally in regulatory risk mitigation, and energy and controls solutions. The company has market cap of $2.30 million. The Firm helps clients in various industries to provide cyber activities and solutions, mitigate risk, comply with regulations, and leverage and integrate technology. It currently has negative earnings. It operates through three divisions: Cyber Solutions, IPSA International, Inc. /Business Advisory Solutions, and Energy and Controls Solutions.

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