Large Inflow of Money Detected in Boeing Company (The)

Boeing Company (The) (BA) : The money flow analysis of Boeing Company (The) (BA) indicates a $88.18 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $122.61 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.39 and so was the total money flow at $34.43 million. A solid up-down ratio of 3.29 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $55.81 million worth of block trades on upticks. Only $16.95 million worth of the stock exchanged hands on downticks. The money flow was $38.86 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Boeing Company (The) (BA), pushing it down by -1.57% for the day. The stock slid $2.09 and traded at $130.81 during the day. Nonetheless, the stock is -1.07% over the previous weeks close.


Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA). Morgan Stanley has a Overweight rating on the shares. As per the latest report, the brokerage house announces the price target to $153 per share. The rating by the firm was issued on June 23, 2016.

The Boeing Company has lost 2.48% in the last five trading days and dropped 0.99% in the last 4 weeks. The Boeing Company is up 4.34% in the last 3-month period. Year-to-Date the stock performance stands at -7.19%.

Boeing Company (The) (NYSE:BA): The stock opened at $133.19 on Tuesday but the bulls could not build on the opening and the stock topped out at $133.44 for the day. The stock traded down to $130.68 during the day, due to lack of any buying support eventually closed down at $130.81 with a loss of -1.57% for the day. The stock had closed at $132.90 on the previous day. The total traded volume was 3,437,290 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Boeing Co, Stephenson Randall L, had purchased 1,871 shares in a transaction dated on August 1, 2016. The transaction was executed at $133.89 per share with total amount equaling $250,508.

The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.

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