Raytheon Company (RTN) : Investors lapped up stocks on upticks to the tune of $17.78 million in the Fridays trading session. The trading value on downticks was comparatively at $16.52 million and the uptick to downtick ratio of 1.08 indicates continuous buying by the bulls. The net money flow into the stock was $1.27 million. The block trades were dominated by the bulls with a healthy 1.37, uptick to downtick ratio. Only $1.57 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $2.14 clearly indicating buying by large investors. The total money flow for block trades stood at $0.57 million, which is a positive for the stock in the long-term. Raytheon Company (RTN) fell $0.01 during the day at $139.95, a drop of -0.01% over the previous days close. However, for the week, the stock is -0.69%, compared to the previous week.
The company Insiders own 0.21% of Raytheon Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -25.96% . Institutional Investors own 78.48% of Raytheon Company shares. During last six month period, the net percent change held by insiders has seen a change of -24.47%.
In a related news,The director of Raytheon Co/, Clark Vernon E sold 2,540 shares at $141.01 on August 2, 2016. The Insider selling transaction had a total value worth of $358,165. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Raytheon Company (NYSE:RTN): The stock opened at $140.34 and touched an intraday high of $140.65 on Friday. During the day, the stock corrected to an intraday low of $139.26, however, the bulls stepped in and pushed the price higher to close in the green at $140.13 with a gain of 0.12% for the day. The total traded volume for the day was 1,496,183. The stock had closed at $139.96 in the previous trading session.
Raytheon Company (RTN) : During the past 4 weeks, traders have been relatively bearish on Raytheon Company (RTN), hence the stock is down -0.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.06% relative to the S&P 500. The 4-week change in the price of the stock is -0.45% and the stock has fallen -0.56% in the past 1 week.
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.