Shares of Raytheon Company (RTN) Sees Large Inflow of Net Money Flow

Raytheon Company (RTN) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $52.17 million worth of transactions were on upticks, whereas, the downticks accounted for $33.25 million worth of transactions. The net money flow was a positive $18.92 million and the uptick to downtick ratio was 1.57. The net money flow into the stock was $18.75 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $18.75 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Raytheon Company (RTN) was trading at $138.33, down $0.86 during day. The stock slid -0.62% over the previous days close. For the week, the stock recorded -0.12% over the previous weeks close.


The company Insiders own 0.21% of Raytheon Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.28% . Institutional Investors own 80.8% of Raytheon Company shares. During last six month period, the net percent change held by insiders has seen a change of -27%. In an insider trading activity, The Securities and Exchange Commission has divulged that Wood Michael J, officer (VP, Controller & CAO) of Raytheon Co/, had unloaded 2,582 shares at an average price of $133.35 in a transaction dated on June 6, 2016. The total value of the transaction was worth $344,310.

Shares of Raytheon Company rose by 1.19% in the last five trading days and 1.77% for the last 4 weeks. Raytheon Company is up 10.35% in the last 3-month period. Year-to-Date the stock performance stands at 12.96%.

Raytheon Company (NYSE:RTN): On Tuesdays trading session , Opening price of the stock was $139.72 with an intraday high of $139.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $138. However, the stock managed to close at $138.33, a loss of 0.62% for the day. On the previous day, the stock had closed at $139.19. The total traded volume of the day was 1,201,630 shares.

Raytheon Company, together with its subsidiaries, is a technology Company that specializes in defense and other Government markets. The Company develops products, services and solutions in markets: sensing; effects; command, control, communications and intelligence (C3I); and mission support, as well as cyber and information security. The Company operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information and Services; Missile Systems, and Space and Airborne Systems. The Company serves both domestic and international customers, as both a prime contractor and subcontractor on a portfolio of defense and related programs primarily for Government customers. The Companys products include Global Integrated Sensors, Integrated Air & Missile Defense, Cybersecurity and Special Missions, Global Training Solutions, Land Warfare Systems, Advanced Missile Systems, Tactical Airborne Systems, Advanced Missile Systems and Electronic Warfare Systems.

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