Large Inflow of Money Detected in Northrop Grumman Corporation

Northrop Grumman Corporation (NOC) : The money flow analysis of Northrop Grumman Corporation (NOC) indicates a $55.84 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $70.18 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.26 and so was the total money flow at $14.35 million. The bulls lapped up $9.12 million worth of block trades on upticks. The money flow was $9.12 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Northrop Grumman Corporation (NOC), pushing it down by -0.29% for the day. The stock slid $0.65 and traded at $221.13 during the day. Nonetheless, the stock is -0.38% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 2.6%. Shares have rallied 31.73% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $223.80 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $216.52 and the 200 Day Moving Average price is recorded at $200.62.

Northrop Grumman Corporation (NYSE:NOC): The stock opened at $223.11 on Thursday but the bulls could not build on the opening and the stock topped out at $223.20 for the day. The stock traded down to $220.82 during the day, due to lack of any buying support eventually closed down at $221.13 with a loss of -0.29% for the day. The stock had closed at $221.78 on the previous day. The total traded volume was 1,216,793 shares.

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.

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