Shares of Orbital ATK (OA) Sees Large Outflow of Money

Orbital ATK (OA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.32 million) and the uptick to downtick ratio was 0.75. The transaction value on upticks was $3.94 million and on downticks, the transaction value was $5.25 million. The transaction value of block trades during downticks was $0 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. Orbital ATK (OA) rose $0.94 at $74.57, during intraday Monday , a rise of 1.28% over the previous days close.


Orbital ATK, Inc. has lost 15.96% in the last five trading days and dropped 14.97% in the last 4 weeks. Orbital ATK, Inc. has dropped 16.39% during the last 3-month period . Year-to-Date the stock performance stands at -17.29%.

Orbital ATK (NYSE:OA): The stock opened at $73.63 on Monday but the bulls could not build on the opening and the stock topped out at $74.61 for the day. The stock traded down to $73.25 during the day, due to lack of any buying support eventually closed down at $73.37 with a loss of -0.35% for the day. The stock had closed at $73.63 on the previous day. The total traded volume was 751,792 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP and General Counsel) of Orbital Atk, Inc., Mccabe Thomas E had sold 152 shares worth of $13,143 in a transaction dated August 3, 2016. In this transaction, 152 shares were sold at $86.47 per share.

Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.

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