Large Inflow of Money Detected in Booz Allen Hamilton Holding Corporation

Booz Allen Hamilton Holding Corporation (BAH) : Investors lapped up stocks on upticks to the tune of $0.76 million in the Tuesdays trading session. The trading value on downticks was comparatively at $0.11 million and the uptick to downtick ratio of 7.17 indicates continuous buying by the bulls. The net money flow into the stock was $0.65 million. Upticks saw transactions worth $0.57 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. Booz Allen Hamilton Holding Corporation (BAH) fell $0.01 during the day at $30.48, a drop of -0.03% over the previous days close. However, for the week, the stock is -0.55%, compared to the previous week.


Also, Jefferies maintains their rating on the shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $37 per share from $35 per share. The rating by the firm was issued on August 1, 2016.

Booz Allen Hamilton Holding Corporation has lost 0.23% in the last five trading days and dropped 0.09% in the last 4 weeks. Booz Allen Hamilton Holding Corporation is up 4.85% in the last 3-month period. Year-to-Date the stock performance stands at 0.69%.

Booz Allen Hamilton Holding Corporation (NYSE:BAH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.50 and $30.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.58, notching a gain of 0.30% for the day. The total traded volume was 535,562 . The stock had closed at $30.49 on the previous day.

In a related news,The officer (Executive Vice President) of Booz Allen Hamilton Holding Corp, Logue Joseph sold 16,223 shares at $31.5 on July 27, 2016. The Insider selling transaction had a total value worth of $511,025. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting, technology and engineering services to the United States Government in the defense, intelligence and civil markets. It also provides management and technology consulting services to major corporations, institutions, not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government, clients in selected commercial markets and international clients. Major government clients include the Department of Defense, all branches of the United States military, the United States Intelligence Community and civil agencies such as the Department of Homeland Security, the Department of Health and Human Services and the Department of the Treasury. In the commercial sector, the Company serves the United States clients primarily in the financial services, healthcare, energy, retail and automotive markets.

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