Large Inflow of Money Detected in Raytheon Company

Raytheon Company (RTN) : The money flow analysis of Raytheon Company (RTN) indicates a $29.44 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $31.53 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.07 and so was the total money flow at $2.09 million. The bulls lapped up $2.83 million worth of block trades on upticks. The money flow was $2.83 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 Raytheon Company (RTN), pushing it down by -0.23% for the day. The stock slid $0.32 and traded at $138.57 during the day. Nonetheless, the stock is 0.05% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.14% and the 50-Day Moving Average is 4.47%. Shares have rallied 38.43% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $139.87 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $134.37 and the 200 Day Moving Average price is recorded at $127.23.

Raytheon Company (NYSE:RTN): The stock opened at $139.42 on Thursday but the bulls could not build on the opening and the stock topped out at $139.92 for the day. The stock traded down to $138.42 during the day, due to lack of any buying support eventually closed down at $138.55 with a loss of -0.24% for the day. The stock had closed at $138.88 on the previous day. The total traded volume was 1,101,461 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Wood Michael J, officer (VP, Controller & CAO) of Raytheon Co/, had unloaded 2,582 shares at an average price of $133.35 in a transaction dated on June 6, 2016. The total value of the transaction was worth $344,310.

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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