Shares of Boeing rose 2.91% to $213.24 at 12:59 EST on Thursday, following last session’s downward trend. NYSE Composite is rising 0.84% to $15,108.96, following last session’s downward trend, This seems, as yet, a somewhat positive trend trading session today.
Boeing’s last close was $207.21, 64.11% below its 52-week high of $349.95.
News about Boeing today
Atsg, air Canada agree to sale, conversion & leaseback of two Boeing 767 aircraft. According to today’s article on Business Insider, "Air Transport Services Group Inc. (ATSG) said that its Cargo Aircraft Management subsidiary has agreed to buy two Boeing 767-300ER aircraft from Air Canada of Montreal, convert them from passenger to freighter configuration, and lease them back to Air Canada."
Boeing’s sales growth is a negative 13.7% for the present quarter and 2.7% for the next. The company’s growth estimates for the ongoing quarter and the next is 45.1% and 71.8%, respectively.
Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 60.76B for the twelve trailing months.
Boeing’s last day, last week, and last month’s average volatility was a negative 0.58%, a negative 0.37%, and a negative 0.51%, respectively.
Boeing’s last day, last week, and last month’s high and low average amplitude percentage was 1.92%, 2.50%, and 2.85%, respectively.
Boeing’s Stock Yearly Top and Bottom Value
Boeing’s stock is valued at $213.24 at 12:59 EST, way below its 52-week high of $349.95 and way above its 52-week low of $89.00.
Boeing’s Moving Average
Boeing’s value is under its 50-day moving average of $219.89 and way higher than its 200-day moving average of $183.03.
Previous days news about Boeing
Crashed Boeing jet didn't fly for nine months. According to The Wall Street Journal on Tuesday, 12 January, "The Boeing Co. 737-500 was inspected and declared airworthy before resuming flying operations, the ministry said."
Boeing falls further behind airbus. According to The Wall Street Journal on Tuesday, 12 January, "Airbus easily retained its number one spot in 2020 as Boeing on Tuesday reported a big decline in orders and deliveries. ", "Buyers pay most of the purchase price on delivery, so Boeing has been short of cash, forcing it to raise debt and cut costs."
Boeing reports 59% drop in commercial-plane deliveries in 2020. According to MarketWatch on Tuesday, 12 January, "That year, Boeing delivered a total of 380 commercial planes, including 79 planes delivered in the fourth quarter of 2019. ", "In 2021, we’ll continue taking the right actions to enhance our safety culture, preserve liquidity and transform our business for the future." Shares of Boeing held to small gains after the news, and were recently up less than 0.1%. "
The Indonesian airline that just suffered another Boeing 737 crash has a history of 4 accidents in the last 9 years – all with the same plane. According to Business Insider on Tuesday, 12 January, "Sriwijaya Air is still reeling from the loss of 62 passengers and crew when a Boeing 737-500 airline crashed shortly after takeoff from Jakarta, Indonesia on Saturda, and it’s not the first time that the airline has dealt with a high-profile accident.", "Aviation incident data from the Aviation Safety Network reveals that Sriwijaya Air has had four other mishaps with the Boeing 737 since 2008, resulting in one death and a total loss of each plane. "
Atlas air, DHL express buy large Boeing freighters. According to Business Insider on Tuesday, 12 January, "Atlas’ operating units - Atlas Air, Polar Air Cargo and Southern Air - operate 117 aircraft, including Boeing 737s, 767s and 777s.", "Last week, Amazon confirmed that its air logistics group purchased 11 previously owned Boeing 767 aircraft and will do a makeover to convert them into freighters."
Boeing to pay $25 million in drone settlement. According to The Wall Street Journal on Wednesday, 13 January, "The settlement comes less than a week after Boeing agreed to pay $2.5 billion as part of a settlement resolving a criminal charge that it defrauded the Federal Aviation Administration during the agency’s safety review of the 737 MAX jet. ", "Prosecutors laid out a pattern of activity by two Boeing pilots to deceive regulators about a software system that ultimately led to two crashes in which a total of 346 people died."
Boeing creates chief safety officer job in wake of max crashes. According to Bloomberg Quint on Wednesday, 13 January, "Most recently, he spearheaded a Boeing campaign to reassure travelers that airplane cabins are safe during the Covid-19 pandemic."