Large Outflow of Money Witnessed in Huntington Ingalls Industries

Huntington Ingalls Industries (HII) : The value of composite uptick trades was $7.58 million, whereas, the value of composite downtick trades was $11.12 million. The uptick to downtick ratio stood at 0.68 with a negative money flow of ($3.54) Million during Fridays trading session. The block trades money flow was negative ($0 million). The transaction of the trades on downticks amounted to $0 million, which confirms investors selling on the strength of price. Huntington Ingalls Industries (HII) gained 42 cents at $169.24, an increase of 0.25% over the previous days close.


Huntington Ingalls Industries (HII) : The highest level Huntington Ingalls Industries (HII) is projected to reach is $190 for the short term and the lowest estimate is at $135. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $165.17 and the possibility the share price can swing is $25.66.

Huntington Ingalls Industries (NYSE:HII): stock turned positive on Friday. Though the stock opened at $168.32, the bulls momentum made the stock top out at $169.439 level for the day. The stock recorded a low of $167.26 and closed the trading day at $169.13, in the green by 0.18%. The total traded volume for the day was 223,423. The stock had closed at $168.82 in the previous days trading.

In a related news,The officer (Corp. VP, Communications) of Huntington Ingalls Industries, Inc., Dickseski Jerri F sold 750 shares at $169.34 on July 1, 2016. The Insider selling transaction had a total value worth of $127,005. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer, builder and refueler of nuclear powered aircraft carriers, the builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters for the United States Coast Guard. The Company designs and builds nuclear-powered submarines for the United States Navy and builds the Navys fleet of DDG51 Arleigh Burke-class destroyers. The Company operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary, which is organized into two segments: Ingalls Shipbuilding (Ingalls), which includes non-nuclear ship design, construction, repair and maintenance businesses, and Newport News Shipbuilding (Newport News), which includes the nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses.

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