Large Outflow of Money Witnessed in Leidos Holdings

Leidos Holdings (LDOS) : Fridays money flow analysis of Leidos Holdings (LDOS) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $27.22 million. In comparison, the inflow of money on upticks was a meager $19.26 million. The dollar value of composite uptick trades minus the downtick trades was negative $7.96 million. The uptick to downtick ratio of 0.71 in the money flow shows weakness. The uptick block trades were valued at $1.92 million. The downtick transaction value was high at $7.76 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.25. Hence, the net money flow in the stock was negative ($5.84 million). Leidos Holdings (LDOS) gained $1.49 at $50.4, a change of 3.05% over the previous days close.


Leidos Holdings (LDOS) : Currently there are 5 street experts covering Leidos Holdings (LDOS) stock. The most bullish and bearish price target for the stock is $61 and $49 respectively for the short term. The average price target of all the analysts comes to $57. The estimated standard deviation from the target is $4.85.

Leidos Holdings (NYSE:LDOS): stock turned positive on Friday. Though the stock opened at $49.07, the bulls momentum made the stock top out at $50.58 level for the day. The stock recorded a low of $48.78 and closed the trading day at $50.4, in the green by 3.05%. The total traded volume for the day was 3,367,670. The stock had closed at $48.91 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Leidos Holdings, Inc., Shapard Robert S, had purchased 4,000 shares in a transaction dated on March 14, 2016. The transaction was executed at $47.04 per share with total amount equaling $188,160.

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