Shares of Raytheon Company (RTN) Sees Large Inflow of Net Money Flow

Raytheon Company (RTN) dropped by -0.01 or -0.01 points during the last session to $144.15 per share. One of the highlights of the day was the net money flow figure, which stood at $5.76 million even as the stock accepted $26.13 million in upticks but rejected $20.37 million in downticks. The up/down ratio for the last observation was a 1.28. The 1-week percentage change for the stock price is registered at -1.19%.A block transaction occurred with $6.47 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $6.47 million at the end of the block trade.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Raytheon Company has dropped 1.4% in the last five trading days, however, the shares have posted positive gains of 1.98% in the last 4 weeks. Raytheon Company is up 6.55% in the last 3-month period. Year-to-Date the stock performance stands at 1.98%. Raytheon Company (NYSE:RTN) rose 0.45% or 0.65 points on Wednesday and made its way into the gainers of the day. After trading began at $144.54 the stock was seen hitting $146.21 as a peak level and $143.96 as the lowest level. The stock ended up at $144.81. The daily volume was measured at 1,517,475 shares. The 52-week high of the share price is $152.5797 and the 52-week low is $119.38. The company has a market cap of $42,523 million.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Frank R Jimenez (VP, General Counsel, Secretary) sold 500 shares at 142.00 per share price.On Sep 8, 2016, Taylor W Lawrence (Vice President) sold 3,330 shares at 140.62 per share price.On Aug 4, 2016, Vernon E Clark (director) sold 2,540 shares at 141.01 per share price.

Raytheon Company Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.62 EPS for the quarter, missing the analyst consensus estimate by $ -0.24. Analyst had a consensus of $1.86. The company had revenue of $6238.00 million for the quarter, compared to analysts expectations of $6568.59 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.93 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Raytheon Company was Initiated by RBC Capital Mkts on Jan 12, 2017 to Outperform, Price Target of the shares are set at $180.

Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in numerous countries around the world.


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