Raytheon Company (RTN) Shares are Down -2.21%

Raytheon Company (RTN) : During the past 4 weeks, traders have been relatively bearish on Raytheon Company (RTN), hence the stock is down -6.43% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.81% relative to the S&P 500. The 4-week change in the price of the stock is -0.11% and the stock has fallen -2.21% in the past 1 week.

Raytheon Company (NYSE:RTN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $134.59 and $134.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $135.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $135.60, notching a gain of 0.52% for the day. The total traded volume was 1,974,250 . The stock had closed at $134.90 on the previous day.


The stock has recorded a 20-day Moving Average of 0.76% and the 50-Day Moving Average is 1.35%. Raytheon Company is up 7.86% in the last 3-month period. Year-to-Date the stock performance stands at 10.73%.

Raytheon Company, together with its subsidiaries, is a technology Company that specializes in defense and other Government markets. The Company develops products, services and solutions in markets: sensing; effects; command, control, communications and intelligence (C3I); and mission support, as well as cyber and information security. The Company operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information and Services; Missile Systems, and Space and Airborne Systems. The Company serves both domestic and international customers, as both a prime contractor and subcontractor on a portfolio of defense and related programs primarily for Government customers. The Companys products include Global Integrated Sensors, Integrated Air & Missile Defense, Cybersecurity and Special Missions, Global Training Solutions, Land Warfare Systems, Advanced Missile Systems, Tactical Airborne Systems, Advanced Missile Systems and Electronic Warfare Systems.

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