Raytheon Company (RTN) : During the past 4 weeks, traders have been relatively bearish on Raytheon Company (RTN), hence the stock is down -2.04% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The stock has risen by 0.5% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.03% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.31% and the 50-Day Moving Average is 1.92%.The 200 Day SMA reached 5.91% Raytheon Company is up 2.11% in the last 3-month period. Year-to-Date the stock performance stands at 11.68%.
Raytheon Company (RTN) stock is expected to deviate a maximum of $13.01 from the average target price of $150.2 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $160 and the most muted being $118.
For the current week, the company shares have a recommendation consensus of Buy. Raytheon Company (NYSE:RTN): stock was range-bound between the intraday low of $136.64 and the intraday high of $137.5 after having opened at $137.49 on Fridays session. The stock finally closed in the red at $137.49, a loss of -0.69%. The stock remained in the red for the whole trading day. The total traded volume was 1,476,407 shares. The stock failed to cross $137.5 in Fridays trading. The stocks closing price on Thursday was $136.76.
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.