Large Outflow of Money Witnessed in Textron

Textron (TXT): The stock had negative money flow to the tune of ($2.62 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $4.12 million, whereas, the outflow of money on downticks was $6.75 million and the ratio between the two was 0.61. The block trade had a negative net money flow of ($3.64 million). The total block trade value undertaken on upticks was $0.39 million. On the other hand, downticks amounted to $4.02 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.1. Textron (TXT) closed with marginal gains of 3 cents to end the day at $38.78, an increase of 0.08% over the previous days close. The stock recorded 4.84% for the week.


Textron Inc. is up 2.85% in the last 3-month period. Year-to-Date the stock performance stands at -7.09%. Shares of Textron Inc. rose by 1.96% in the last five trading days and 2.18% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Johnson Cheryl H, officer (Executive VP, Human Resources) of Textron Inc, had unloaded 2,121 shares at an average price of $42.37 in a transaction dated on November 2, 2015. The total value of the transaction was worth $89,867.

Textron (NYSE:TXT): stock turned positive on Monday. Though the stock opened at $38.68, the bulls momentum made the stock top out at $39.03 level for the day. The stock recorded a low of $38.41 and closed the trading day at $38.99, in the green by 0.62%. The total traded volume for the day was 1,479,523. The stock had closed at $38.75 in the previous days trading.

Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide. It operates in five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

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