Lockheed Martin Corporation (LMT) : Investors lapped up stocks on upticks to the tune of $9.4 million in the Fridays trading session. The trading value on downticks was comparatively at $2.9 million and the uptick to downtick ratio of 3.24 indicates continuous buying by the bulls. The net money flow into the stock was $6.49 million. Upticks saw transactions worth $5.52 clearly indicating buying by large investors. The total money flow for block trades stood at $5.52 million, which is a positive for the stock in the long-term. Lockheed Martin Corporation (LMT) fell $0.22 during the day at $253.92, a drop of -0.09% over the previous days close. However, for the week, the stock is -1.19%, compared to the previous week.
Lockheed Martin Corporation (LMT) : The highest short term price target forecast on Lockheed Martin Corporation (LMT) is $284 and the lowest target price is $225. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $256.22 with a standard deviation of $18.83.
Lockheed Martin Corporation (NYSE:LMT): stock turned positive on Friday. Though the stock opened at $254.6, the bulls momentum made the stock top out at $257.49 level for the day. The stock recorded a low of $253.05 and closed the trading day at $257.31, in the green by 1.25%. The total traded volume for the day was 1,864,603. The stock had closed at $254.14 in the previous days trading.
In a related news, The officer (SVP & General Counsel), of Lockheed Martin Corp, Lavan Maryanne had unloaded 21,720 shares at $233.17 per share in a transaction on April 28, 2016. The total value of transaction was $5,064,452. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.