Booz Allen Hamilton Holding Corporation (BAH) : The total money flow in Booz Allen Hamilton Holding Corporation (BAH) was negative ($4.72 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $8.07 million. In comparison, the inflow of money into the stock on upticks was $3.35 million. The uptick to downtick ratio was 0.41. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $5.86 million. The value of transactions on uptick was $1.43 million. The negative money flow of ($4.43 million) confirms the selling in Booz Allen Hamilton Holding Corporation (BAH) on strength. The uptick to downtick ratio of block trades was 0.24. Booz Allen Hamilton Holding Corporation (BAH) gained $0.35 at $31.17, a gain of 1.14% over the previous days close. However, the stock registered 0.74% in the week.
Also, Equity Analysts at the Raymond James downgrades the rating on Booz Allen Hamilton Holding Corporation (NYSE:BAH). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on April 12, 2016.
Booz Allen Hamilton Holding Corporation (NYSE:BAH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.87 and $30.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.17, notching a gain of 1.14% for the day. The total traded volume was 1,170,176 . The stock had closed at $30.82 on the previous day.
The stock has recorded a 20-day Moving Average of 5.32% and the 50-Day Moving Average is 7.29%. In a related news, Penfield Susan L, officer (Executive Vice President) of Booz Allen Hamilton Holding Corp had purchased 028 shares on July 1, 2016 in a transaction. The price per share was $29.53 and the total amount of the disclosed transaction was $827.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting, technology and engineering services to the United States Government in the defense, intelligence and civil markets. It also provides management and technology consulting services to major corporations, institutions, not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government, clients in selected commercial markets and international clients. Major government clients include the Department of Defense, all branches of the United States military, the United States Intelligence Community and civil agencies such as the Department of Homeland Security, the Department of Health and Human Services and the Department of the Treasury. In the commercial sector, the Company serves the United States clients primarily in the financial services, healthcare, energy, retail and automotive markets.