Shares of Boeing Company (The) (BA) Sees Large Outflow of Money

Boeing Company (The) (BA) : Money flow in the Boeing Company (The) (BA) stock was negative (50.86 million) on Thursday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $92.75 million, compared to $143.61 million on downticks. The total uptick to downtick ratio was 0.65, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($47.92 million), indicating selling on the strength. The transaction value during uptick in block trades was $9.18 million. Downtick transaction value in block trades amounted to $57.1 million, indicating persistent selling. The uptick to downtick ratio was 0.16. Boeing Company (The) (BA) traded $1.44 higher at $131.55 gaining 1.11% over the previous days close.


The stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 1.27%. Shares have dropped -9.94% from its 1 Year high price. On Nov 20, 2015, the shares registered one year high at $150.59 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $129.19 and the 200 Day Moving Average price is recorded at $128.03.

Boeing Company (The) (NYSE:BA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $131.63 and $130.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $131.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $131.55, notching a gain of 1.11% for the day. The total traded volume was 3,984,053 . The stock had closed at $130.11 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Downey Thomas J, officer (SVP, Communications) of Boeing Co, had unloaded 6,047 shares at an average price of $134 in a transaction dated on May 17, 2016. The total value of the transaction was worth $810,298.

The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.

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