Large Inflow of Money Detected in Spirit Aerosystems Holdings

Spirit Aerosystems Holdings (SPR) : $15.51 million worth of transactions were on upticks in Spirit Aerosystems Holdings (SPR), compared to $9.65 million on downticks. The ratio between the two was 1.61, whereas, the net money flow stood at a healthy $5.86 million on Thursdays session. The consistent buying on upticks in the stock accounted for $6.3million worth of trades. The total money flow into the stock stood at $6.3 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.39%. The stock was trading at $43.59, with a drop of $0.17 over the previous days close. The stock recorded 3.34% for the week.


The stock has recorded a 20-day Moving Average of 0.62% and the 50-Day Moving Average is 3.48%. Shares have dropped -23.64% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $57.99 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $44.70 and the 200 Day Moving Average price is recorded at $45.74.

Spirit Aerosystems Holdings (NYSE:SPR): The stock opened at $44.05 on Thursday but the bulls could not build on the opening and the stock topped out at $44.19 for the day. The stock traded down to $43.57 during the day, due to lack of any buying support eventually closed down at $43.59 with a loss of -0.39% for the day. The stock had closed at $43.76 on the previous day. The total traded volume was 1,158,393 shares.

In an insider trading activity,The Officer (Svp/Gm) of Spirit AeroSystems Holdings, Inc., Hawkins Duane F sold 9,923 shares at $42.09 on June 27, 2016. The Insider selling transaction had a total value worth of $417,659. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Spirit AeroSystems Holdings, Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems, Propulsion Systems and Wing Systems. Fuselage Systems segment develops, produces and markets forward, mid and rear fuselage sections and systems, primarily to aircraft OEMs, as well as related spares and maintenance, repair and overhaul support and services (MRO). The Propulsion Systems segment develops, produces and markets struts/pylons, nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems segment develops, produces and markets forward wings and wing components (including flight control surfaces), and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services.

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