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

Boeing Company (The) (BA) : The total negative money flow of $25.13 million on Wednesday indicates selling on strength. The inflow of money on upticks was $63.75 million, compared to $88.88 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.72. The negative money flow of $27.49 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $1.89 million in a block trade.The transaction value of block trade on downtick was $29.38 million. The uptick to downtick ratio was 0.06. The price action in the Boeing Company (The) (BA) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $134.72 with a gain of $0.06 , a change of 0.04% over the previous days close. The stock registered 1.76% for the week.


Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA). In the latest research report, Morgan Stanley announces the target price to $153 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on June 23, 2016.

Boeing Company (The) (NYSE:BA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $134.55 and $134.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $135.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $134.72, notching a gain of 0.04% for the day. The total traded volume was 2,669,692 . The stock had closed at $134.66 on the previous day.

The stock has recorded a 20-day Moving Average of 3.92% and the 50-Day Moving Average is 3.58%. In a related news,The officer (SVP, Communications) of Boeing Co, Downey Thomas J sold 6,047 shares at $134 on May 17, 2016. The Insider selling transaction had a total value worth of $810,298. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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