Large Inflow of Money Witnessed in Lockheed Martin Corporation

Lockheed Martin Corporation (LMT) : The money flow analysis of Lockheed Martin Corporation (LMT) indicates a $44.91 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $72.13 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.61 and so was the total money flow at $27.22 million. The bulls lapped up $27.05 million worth of block trades on upticks. The money flow was $27.05 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 Lockheed Martin Corporation (LMT), pushing it down by -0.12% for the day. The stock slid $0.31 and traded at $249.77 during the day. Nonetheless, the stock is 0.17% over the previous weeks close.


Lockheed Martin Corporation (LMT) : The highest level Lockheed Martin Corporation (LMT) is projected to reach is $273 for the short term and the lowest estimate is at $220. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $244.3 and the possibility the share price can swing is $16.91. The stock has recorded a 20-day Moving Average of 3.37% and the 50-Day Moving Average is 4.42%.

Lockheed Martin Corporation (NYSE:LMT): The stock opened at $250.23 on Thursday but the bulls could not build on the opening and the stock topped out at $251.22 for the day. The stock traded down to $248.61 during the day, due to lack of any buying support eventually closed down at $249.77 with a loss of -0.12% for the day. The stock had closed at $250.08 on the previous day. The total traded volume was 961,348 shares.

Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.

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