Shares of Raytheon Company (RTN) Sees Large Outflow of Money

Raytheon Company (RTN) : Mondays money flow analysis of Raytheon Company (RTN) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $46.23 million. In comparison, the inflow of money on upticks was a meager $31.89 million. The dollar value of composite uptick trades minus the downtick trades was negative $14.34 million. The uptick to downtick ratio of 0.69 in the money flow shows weakness. The downtick transaction value was high at $14.05 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($14.05 million). Raytheon Company (RTN) gained $0.27 at $142.52, a change of 0.19% over the previous days close.


Shares of Raytheon Company rose by 1.83% in the last five trading days and 2.78% for the last 4 weeks. Raytheon Company is up 9.11% in the last 3-month period. Year-to-Date the stock performance stands at 16.38%.

Raytheon Company (NYSE:RTN): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $142.13 and $142.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $143.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $142.52, notching a gain of 0.19% for the day. The total traded volume was 1,326,284 . The stock had closed at $142.25 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Raytheon Co/, Clark Vernon E had sold 2,540 shares worth of $358,165 in a transaction dated August 2, 2016. In this transaction, 2,540 shares were sold at $141.01 per share.

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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