Boeing (LON:BOE) Stock Crosses Above 200 Day Moving Average – Here’s Why

by · The Cerbat Gem

Shares of The Boeing Company (LON:BOE – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 220 ($2.76) and traded as high as GBX 223.12 ($2.80). Boeing shares last traded at GBX 220 ($2.76), with a volume of 7,469 shares traded.

Boeing Stock Performance

The stock has a 50 day moving average price of GBX 220 and a two-hundred day moving average price of GBX 220. The company has a market cap of £1.32 billion, a P/E ratio of -30.77, a price-to-earnings-growth ratio of 7.14 and a beta of 1.43. The company has a quick ratio of 0.30, a current ratio of 1.16 and a debt-to-equity ratio of 6,813.79.

About Boeing

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The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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