Large Inflow of Money Detected in B/E Aerospace

B/E Aerospace (BEAV) : Thursdays money flow data in B/E Aerospace (BEAV) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.44 million, whereas, $0.23 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.91, in favor of the bulls. The total money flow into the stock was $0.21 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.1 million. The total value of block trades done on upticks was $0.1 million. B/E Aerospace (BEAV) fell $0.1 and traded at $45.4, down -0.22% for the day, over previous days close. On a weekly basis, the shares are -0.48% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 3.59%. Shares have dropped -16.70% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $55.85 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $47.30 and the 200 Day Moving Average price is recorded at $45.26.

B/E Aerospace (NASDAQ:BEAV): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.80 and $45.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.55, notching a gain of 0.11% for the day. The total traded volume was 1,259,020 . The stock had closed at $45.50 on the previous day.

In an insider trading activity, The officer (VP,General Counsel & Secretary), of B/E Aerospace Inc, Patch Ryan M had unloaded 950 shares at $47.58 per share in a transaction on May 27, 2016. The total value of transaction was $45,201. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world. The Company operates through two segments: commercial aircraft (CAS) and business jet (BJS). The Companys commercial aircraft (CAS) segment offers a range of seating products, oxygen delivery systems, coffee makers and water boilers, ovens, and refrigeration equipment, modular lavatory, wastewater and galley systems, and also provides engineering, design, integration, installation and certification services. The Companys business jet segment offers a range of furnishings and interior packages for business jets.

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