Name: DHB Industries Inc. (DHB)
Web Site: http://www.dhbt.com
Brief Description: DHB Industries, Inc., a holding company, engages in the manufacture and marketing of protective body armors. It operates through two divisions, DHB Armor Group and DHB Sports Group. The DHB Armor Group develops, manufactures, and distributes bullet and projectile resistant garments, bullet resistant and fragmentation vests, bomb projectile blankets, aircraft armor, bullet resistant plates and shields, and related ballistic accessories for United States armed forces, federal agencies, and state and local law enforcement communities. The DHB Sports Group produces and markets protective athletic apparel and equipment, including knee, ankle, elbow, wrist, and back supports and braces to athletes, weekend sports enthusiasts, and general consumers. DHB Industries was founded by David H. Brooks in 1992. The company was formerly known as DHB Capital Group, Inc. and changed its name to DHB Industries, Inc. in 2001. DHB Industries is headquartered in Westbury, New York.

03/03/06 - Downgraded to Neutral rating

ANALYST OPINION: We downgrade our worst performer, DHB Industries Inc (DHB), to Neutral rating. DHB's stock price declined by 45.9% since we had assigned a Buy rating in July 25, 2005.

Contract: research@gempick.com

07/25/05 - Initiated with Buy rating.