The New York Stock Exchange ended the session with Boeing rising 2.29% to $238.03 on Monday while the New York Stock Exchange slid 0.43% to $14,355.00.
Boeing today’s close was $238.03, 48.55% under its 52-week high of $353.60.
Boeing’s sales growth is a negative 8.2% for the present quarter and 0.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 58.8% and 75.3%, respectively.
Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 60.76B for the twelve trailing months.
Boeing’s Stock Top and Bottom Yearly Value
Boeing’s stock is valued at $238.03 at 20:59 EST, way below its 52-week high of $353.60 and way above its 52-week low of $89.00.
Boeing’s Moving Average
Boeing’s value is way higher than its 50-day moving average of $184.62 and way higher than its 200-day moving average of $175.04.
Previous days news about Boeing
According to MarketWatch on Mon Dec 7, “Boeing was upgraded to buy from neutral at UBS, which doubled its price target to $300 from $150. UBS said Boeing can get to 50 or more per month of production on the 737.”
American will fly the Boeing 737 max on 9 routes across the US come January after it returns to service this month. According to Business Insider on Mon Dec 7, “2021 is proving to be the year of the Max. American Airlines is regrowing its route network for the Boeing 737 Max in 2021 that will see more US travelers flying on the jet that’s fresh from a 20-month grounding from the Federal Aviation Administration.”