(VIANEWS) – Shares of Boeing (NYSE: BA) rose by a staggering 30.69% in 21 sessions from $133.79 to $174.85 at 10:39 EST on Thursday, following the last session’s upward trend. NYSE is jumping 0.41% to $15,545.50, after two consecutive sessions in a row of gains.
Boeing’s last close was $174.85, 23.87% under its 52-week high of $229.67.
Together with its subsidiaries the Boeing Company designs, develops and manufactures commercial and military jetliners as well as satellites and missile defense systems. It also supports launch and other services around the world. There are four main segments to the company: Commercial Airplanes, Defense, Space & Security, Global Services, and Boeing Capital. Commercial Airplanes provides passenger and cargo flights as well as support services for fleets. Defense, Space & Security is involved in research, development, production, modification, and maintenance of manned and unmanned military planes and weapons systems. It also provides strategic defense and intelligence system, including command, control, communications, command, missile and defense systems, computer systems, intelligence, surveillance, reconnaissance, cyber- and information systems, as well as satellite systems, like government satellites and commercial satellites, for space exploration. Global Services offers products and services that include logistics and supply chain management, engineering and maintenance, modifications, upgrades, conversions, spare pieces, pilot training and systems, as well as technical documents and digital services for commercial and military customers. Boeing Capital offers financing and management of financing exposure to equipment that is under operational leases or sales-type/finance leasings. This includes notes, receivables and assets available for purchase, re-lease, or sale. It was founded in 1916 in Chicago, Illinois.
Earnings Per Share
As for profitability, Boeing has a trailing twelve months EPS of $-20.55.
Classification of Stock Prices
The stochastic oscillator is a helpful indicator for overbought or oversold situations.
Boeing stock considered overpriced (=20).
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