Shares of Lockheed Martin Corporation (LMT) Sees Large Outflow of Money

Lockheed Martin Corporation (LMT) : The value of composite uptick trades was $25.26 million, whereas, the value of composite downtick trades was $107.1 million. The uptick to downtick ratio stood at 0.24 with a negative money flow of ($81.83) Million during Mondays trading session. The block trades money flow was negative ($84.1 million). The transaction of the trades on downticks amounted to $84.1 million, which confirms investors selling on the strength of price. Lockheed Martin Corporation (LMT) gained 160 cents at $265.75, an increase of 0.61% over the previous days close.


Shares of Lockheed Martin Corporation rose by 2.43% in the last five trading days and 3.7% for the last 4 weeks. Lockheed Martin Corporation is up 10.44% in the last 3-month period. Year-to-Date the stock performance stands at 24.5%.

Lockheed Martin Corporation (NYSE:LMT): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $264.22 and $264.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $266.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $266.50, notching a gain of 0.89% for the day. The total traded volume was 9,143,820 . The stock had closed at $264.15 on the previous day.

In a related news,The officer (Executive Vice President) of Lockheed Martin Corp, Barbour Sondra L sold 66,460 shares at $255.89 on August 3, 2016. The Insider selling transaction had a total value worth of $17,006,449. The Insider information was disclosed with 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.

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