Shares of Orbital ATK (NYSE:OA) Sees Large Inflow of Net Money Flow

The shares of Orbital ATK (NYSE:OA) traded with a loss of -1.17 points or -1.31% in the most recent session. The shares last traded at $88.19. As per the trading info, the shares saw $15.91 million in upticks and lost $7.99 million in downticks, resulting in a net money flow of $7.92 million. The up/down ratio for the day was measured at 1.99. For the week, the shares had posted -1.24%.From the block trade data available, the total upticks were valued at $7.69 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $7.69 million.


Currently the company Insiders own 1% of Orbital ATK shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.15% . Institutional Investors own 86.85% of Orbital ATK shares. During last six month period, the net percent change held by insiders has seen a change of -9.75%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Culbertson Frank L. Jr., officer (Executive Vice President) of Orbital Atk, Inc., had unloaded 550 shares at an average price of $89.04 in a transaction dated on June 1, 2016. The total value of the transaction was worth $48,972.

Orbital ATK (NYSE:OA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.17 points or 1.31% at $88.19 with 452,336 shares getting traded. Post opening the session at $88.8, the shares hit an intraday low of $87.975 and an intraday high of $89.11 and the price was in this range throughout the day. The company has a market cap of $5,164 million and the number of outstanding shares have been calculated to be 58,557,150 shares. The 52-week high of Orbital ATK (NYSE:OA) is $94.92 and the 52-week low is $56.06.

Many analysts have stated their opinion on the company shares. Stifel Nicolaus maintains its rating on Orbital ATK (NYSE:OA). The global brokerage major lowers the current price target from $100 per share to $95 per share. Analysts at the Stifel Nicolaus have a current rating of Buy on the shares. The rating by the firm was issued on March 2, 2016.

Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.

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