Large Inflow of Money Witnessed in Aerojet Rocketdyne Holdings

Aerojet Rocketdyne Holdings (NYSE:AJRD) : On Wednesday, The money flowed into the Aerojet Rocketdyne Holdings (NYSE:AJRD) stock with an uptick to downtick ratio was recorded at 1.73. Transactions worth $1.37 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.79 million. The total money flow into the stock was $0.58 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.36 million of block transactions on upticks. The total money flow in block trades was $0.36 million. In terms of price action, Aerojet Rocketdyne Holdings (NYSE:AJRD) traded down $0.02 during the session at $17.74. Compared to the previous days closing, the stock was down only by -0.08%. For the week, the stock is -0.14%, over previous weeks closing.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Aerojet Rocketdyne Holdings, Inc., Lichtenstein Warren G had purchased shares worth of $74,950 in a transaction dated on November 13, 2015. A total of 5,000 shares were purchased at a price of $14.99 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 2.2% of Aerojet Rocketdyne Holdings shares according to the proxy statements.

The company shares have dropped -15.52% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $24.35 and the one year low was seen on Jan 8, 2016. The 50-Day Moving Average price is $17.56 and the 200 Day Moving Average price is recorded at $16.45. Aerojet Rocketdyne Holdings (NYSE:AJRD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.90 and $17.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.88, notching a gain of 0.73% for the day. The total traded volume was 415,326 . The stock had closed at $17.75 on the previous day.

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