Large Inflow of Money Detected in Northrop Grumman Corporation

Northrop Grumman Corporation (NOC) : Tuesdays money flow indicated an uptick to downtick ratio was at 2.37. The total value of inflow transactions on upticks was $57.65 million, whereas, the total value of outflow trades on downticks was $24.33 million. The total money flow was $33.32 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $26.08 million. The total value of the trades done on upticks was $26.08 million. Northrop Grumman Corporation (NOC) was trading with a -0.23% change over previous days close. It fell $0.48 during the day and reached $212.62. The stock was 0.33% compared to the previous weeks close.


Also, Equity Analysts at the JP Morgan downgrades the rating on Northrop Grumman Corporation (NYSE:NOC). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Overweight. The Analysts at the ratings agency raises the price target from $225 per share to $231 per share. The rating by the firm was issued on August 25, 2016.

Northrop Grumman Corporation has lost 0.46% in the last five trading days and dropped 1.46% in the last 4 weeks. Northrop Grumman Corporation is up 0.12% in the last 3-month period. Year-to-Date the stock performance stands at 14.04%.

Northrop Grumman Corporation (NYSE:NOC): The stock opened at $213.32 on Tuesday but the bulls could not build on the opening and the stock topped out at $213.78 for the day. The stock traded down to $211.90 during the day, due to lack of any buying support eventually closed down at $212.62 with a loss of -0.23% for the day. The stock had closed at $213.10 on the previous day. The total traded volume was 712,395 shares.

In a related news, The Securities and Exchange Commission has divulged that Caylor Mark A, officer (Corp VP & Pres ES & CSO) of Northrop Grumman Corp /De/, had unloaded 5,466 shares at an average price of $218.27 in a transaction dated on August 15, 2016. The total value of the transaction was worth $1,193,064.

Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.

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