B/E Aerospace (BEAV) stock had a bullish inflow of $14.7 million worth of trades on uptick and an outflow of $5.08 million in downticks on Friday. The total uptick to downtick ratio stood at 2.9. The net money flow into the stock was $9.62 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $9.85 million. $9.85 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, B/E Aerospace (BEAV) stock traded down $0.33 , and reached $45.89, a drop of -0.71% over the previous day. On a weekly basis, the stock is 0.9%, over the previous weeks close.
B/E Aerospace (BEAV) : 11 Wall Street analysts covering B/E Aerospace (BEAV) believe that the average level the stock could reach for the short term is $54.46. The maximum price target given is $64 and the minimum target for short term is around $49, hence the standard deviation is calculated at $4.48.
B/E Aerospace (NASDAQ:BEAV): On Fridays trading session , Opening price of the stock was $45.92 with an intraday high of $46.03. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.23. However, the stock managed to close at $45.89, a loss of 0.71% for the day. On the previous day, the stock had closed at $46.22. The total traded volume of the day was 907,889 shares.
In a related news, Patch Ryan M, officer (VP,General Counsel & Secretary) of B/E Aerospace Inc, unloaded 950 shares at an average price of $47.58 on May 27, 2016. The total amount of the transaction was worth $45,201, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world. The Company operates through two segments: commercial aircraft (CAS) and business jet (BJS). The Companys commercial aircraft (CAS) segment offers a range of seating products, oxygen delivery systems, coffee makers and water boilers, ovens, and refrigeration equipment, modular lavatory, wastewater and galley systems, and also provides engineering, design, integration, installation and certification services. The Companys business jet segment offers a range of furnishings and interior packages for business jets.