Large Outflow of Money Witnessed in Orbital ATK

Orbital ATK (OA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.11 million) and the uptick to downtick ratio was 0.6. The transaction value on upticks was $1.67 million and on downticks, the transaction value was $2.78 million. The transaction value of block trades during downticks was $0 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. Orbital ATK (OA) rose $0.14 at $76.9, during intraday Wednesday , a rise of 0.18% over the previous days close.


Shares of Orbital ATK, Inc. rose by 3.82% in the last five trading days and 1.45% for the last 4 weeks. Orbital ATK, Inc. has dropped 8.5% during the last 3-month period . Year-to-Date the stock performance stands at -13.05%.

Orbital ATK (OA) : Zacks Investment Research ranks Orbital ATK (OA) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.5, which indicates as a Strong Buy.

Orbital ATK (NYSE:OA): The stock opened at $76.81 and touched an intraday high of $77.22 on Wednesday. During the day, the stock corrected to an intraday low of $76.31, however, the bulls stepped in and pushed the price higher to close in the green at $76.84 with a gain of 0.10% for the day. The total traded volume for the day was 379,901. The stock had closed at $76.76 in the previous trading session.

Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.

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