ARTX - Arotech Stock: Profits Stagnate but Can It Turn Things Around?

Arotech stock has been on the decline since Arotech Corp (NASDAQ:ARTX) posted its Q1 report earlier in May. Results fell behind analyst estimates, and this sent shares on a downward spiral. Now, shares have fallen over 26% and are currently selling for $2.12 USD.

Arotech came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.03 earnings. This is a considerable downturn from last year’s earnings per share of $0.05.

According to Zacks:

“This quarterly report represents an earnings surprise of -200%. ...