Lockheed Martin Corporation (LMT): $1.49 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.17. The value of trades done on upticks was $10.11 million, whereas, trades done on downticks were valued at $8.62 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0 million. Lockheed Martin Corporation (LMT) fell $1.19 traded at $241.46, a change of -0.49% over the previous day. The stock is -1.22% for the week.
Also, JP Morgan initiates coverage on Lockheed Martin Corporation (NYSE:LMT). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 25, 2016.
Lockheed Martin Corporation has lost 4.12% in the last five trading days and dropped 6.04% in the last 4 weeks. Lockheed Martin Corporation is up 0.58% in the last 3-month period. Year-to-Date the stock performance stands at 11.87%.
Lockheed Martin Corporation (NYSE:LMT): The stock opened at $242.65 on Tuesday but the bulls could not build on the opening and the stock topped out at $243.31 for the day. The stock traded down to $238.85 during the day, due to lack of any buying support eventually closed down at $239.45 with a loss of -1.32% for the day. The stock had closed at $242.65 on the previous day. The total traded volume was 1,887,437 shares.
In a related news, Barbour Sondra L, officer (Executive Vice President) of Lockheed Martin Corp, unloaded 66,460 shares at an average price of $255.89 on August 3, 2016. The total amount of the transaction was worth $17,006,449, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.