Shares of Boeing jumped 3.34% to $240.49 at 14:25 EST on Monday, following yesterday’s downward trend. The New York Stock Exchange is sliding 0.44% to $14,353.30, after four sequential sessions in a row of gains, on what so far seems, a somewhat negative trend trading session today.
Boeing’s last close was $232.71, 47.03% below its 52-week high of $353.60.
News about Boeing today
Boeing upped to buy at UBS on narrowbody view. According to today’s article on MarketWatch, “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.”
Boeing’s sales growth is a negative 8.2% for the ongoing quarter and 0.9% for the next. The company’s growth estimates for the present 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 $240.49 at 14:25 EST, way under its 52-week high of $353.60 and way higher than its 52-week low of $89.00.
Boeing’s Moving Average
Boeing’s worth is way above 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
Ryanair chief puts rivals on notice with big Boeing jet purchase. According to Bloomberg Quint on Fri Dec 4, “Ryanair Holdings Plc has a plan to thunder back from the air travel slump, grabbing airport space while its weakened rivals are still in retreat.