Large Inflow of Money Witnessed in Textron

Textron (NYSE:TXT) witnessed a selling pressure and the shares last traded with a loss of -0.09 points or -0.23% at $38.76. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $0.82 million with an inflow of $0.86 million in upticks and an outflow of $0.04 million in downticks. Using the data, the up/down ratio is found to be 22.41. The share price has recorded 1.36% on a weekly basis.A block trade of $0.82 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $0.82, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 0.18%. The company shares have dropped 15.64% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $46.4 and one year low was seen on February 11, 2016 at $30.69. The 50-day moving average is $38.41 and the 200 day moving average is recorded at $37.35. S&P 500 has rallied 1.93% during the last 52-weeks.

Textron (NYSE:TXT): The stock opened at $38.85 on Tuesday but the bulls could not build on the opening and the stock topped out at $38.88 for the day. The stock traded down to $38.52 during the day, due to lack of any buying support eventually closed down at $38.53 with a loss of -0.82% for the day. The stock had closed at $38.85 on the previous day. The total traded volume was 1,113,345 shares.

Currently the company Insiders own 0.93% of Textron shares according to the proxy statements. Institutional Investors own 82.41% of Textron shares. On the companys insider trading activities, Johnson Cheryl H, officer (Executive VP, Human Resources) of Textron Inc, unloaded 2,121 shares at an average price of $42.37 on November 2, 2015. The total amount of the transaction was worth $89,867, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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