On a relative basis, the stock has outperformed the S&P 500 by 0.5% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.08% in the last 1 week, and is up 2.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 32.68% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $223.42 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $216.24 and the 200 Day Moving Average price is recorded at $200.23.
The stock has recorded a 20-day Moving Average of 2.2% and the 50-Day Moving Average is 3.59%.
Northrop Grumman Corporation (NYSE:NOC): stock turned positive on Friday. Though the stock opened at $221.5, the bulls momentum made the stock top out at $222.19 level for the day. The stock recorded a low of $220.3 and closed the trading day at $221.97, in the green by 0.67%. The total traded volume for the day was 1,796,133. The stock had closed at $220.5 in the previous days trading.
In an insider trading activity,The officer (Corp VP & Pres Tech Svcs) of Northrop Grumman Corp /De/, Jones Christopher T sold 240 shares at $222.5 on July 1, 2016. The Insider selling transaction had a total value worth of $53,400. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.