The Meggitt share price has doubled in 12 months. Here’s what I’m doing now
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Both the past week and past 12 months have been interesting times for
Meggitt(LSE:MGGT). The Meggitt share price has experienced some interesting growth in these time periods. Rumours of a takeover caused the spike in share price last week. Based on current levels and takeover rumours, is the Meggitt share price an opportunity right now?
An aerospace firm that isn’t suffering too badly
Meggitt Group is one aerospace firm that isn’t faring too badly in the current economic climate. The impact of the Covid-19 pandemic on the aviation and aerospace industry has been well documented. The Meggitt share price, though, hasn’t fared badly, in my opinion.