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Stock Charts AI Power Rank: 9.5
Power Rank trend -> Rising
10/08/2024 10:28:00 EST
Parsons Corp (PSN)
Industry: Information Technology Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, PSN has been trading in a range between $105.49 and $95.14 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PSN is breaking above top of the recent 20 day range at $105.49 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Parsons Corp $PSN entered a Green zone 97 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $60.89, a potential down side of -42.61% from the recent price of 106.09. The stock is trading 0.86% (potential upside) below its 52 week high of $107.00 and 92.12 % (potential downside) above its 52 week low of $55.22 - based on the recent price.
Company Summary
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally The company operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment provides critical technologies, such as cybersecurity; missile defense; intelligence; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; environmental remediation; border security, critical infrastructure protection; counter unmanned air systems; biometrics and bio surveillance solutions to U.
News
| Parsons Leading PFAS Groundwater Treatment at Burlington Air National Guard Installation CHANTILLY, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by the National Guard Bureau to manage the operation and maintenance of a per-and polyfluoroalkyl substances (PFAS) groundwater treatment system at Burlington Air National Guard Base, Vermont. The two-year task order is new work for the company. Source: GlobeNewsWire Thu, 03 Oct 2024 16:05:00 -0400 Sentiment: Neutral |
| 3 Reasons Why Growth Investors Shouldn't Overlook Parsons (PSN) Parsons (PSN) could produce exceptional returns because of its solid growth attributes. Source: Zacks Investment Research Thu, 03 Oct 2024 13:46:07 -0400 Sentiment: Positive |
| Are You Looking for a Top Momentum Pick? Why Parsons (PSN) is a Great Choice Does Parsons (PSN) have what it takes to be a top stock pick for momentum investors? Let's find out. Source: Zacks Investment Research Thu, 03 Oct 2024 13:01:14 -0400 Sentiment: Positive |
| Parsons Corporation (PSN) Hits Fresh High: Is There Still Room to Run? Parsons (PSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Source: Zacks Investment Research Thu, 03 Oct 2024 10:15:14 -0400 Sentiment: Positive |
| Parsons Awarded Position on $4B Defense Threat Reduction Agency Contract CHANTILLY, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the Defense Threat Reduction Agency (DTRA) to support Countering Weapons Of Mass Destruction (CWMD) objectives. The $4 billion ceiling value contract includes a five-year base period and one five-year option period and is new work for the company. Source: GlobeNewsWire Wed, 02 Oct 2024 16:05:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 107 52 Week Low: 55.215 Beta: 0.803 50 Day MA: 94.9544 200 Day MA: 80.2702 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.641 Qtr Revenue Growth YOY: 0.231 Forward PE: 14.9254 Trailing PE: 235.7556