Airbus (OTCMKTS:EADSY) Stock Price Crosses Below 50-Day Moving Average of $31.94

Airbus SE (OTCMKTS:EADSY – Get Rating)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $31.94 and traded as low as $30.94. Airbus shares last traded at $31.82, with a volume of 266,892 shares.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EADSY. Jefferies Financial Group cut Airbus from a “buy” rating to a “hold” rating in a report on Thursday, January 26th. Deutsche Bank Aktiengesellschaft lowered Airbus from a “buy” rating to a “hold” rating in a research report on Thursday, January 26th. UBS Group lowered Airbus from a “buy” rating to a “sell” rating in a research report on Tuesday, January 31st. Berenberg Bank downgraded Airbus from a “hold” rating to a “sell” rating in a research note on Tuesday, February 7th. Finally, Kepler Capital Markets cut Airbus from a “buy” rating to a “hold” rating in a research note on Wednesday, December 7th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $152.75.

Airbus Trading Up 2.5 %

The company has a market capitalization of $100.32 billion, a P/E ratio of 22.57, a price-to-earnings-growth ratio of 1.70 and a beta of 1.58. The business has a fifty day moving average price of $31.94 and a 200 day moving average price of $28.41. The company has a quick ratio of 0.50, a current ratio of 1.08 and a debt-to-equity ratio of 4.09.

Airbus (OTCMKTS:EADSY – Get Rating) last released its earnings results on Thursday, February 16th. The aerospace company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. Airbus had a return on equity of 48.13% and a net margin of 7.27%. The business had revenue of $21.08 billion for the quarter, compared to analyst estimates of $21.88 billion. On average, analysts expect that Airbus SE will post 1.5 earnings per share for the current fiscal year.

Airbus Company Profile

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Airbus SE is a holding and management company, which engages in the design, manufacture, and marketing of aerospace products, services, and solutions. It operates through the following segments: Airbus, Airbus Helicopters, and Airbus Defense and Space. The Airbus segment offers jet aircraft, aircraft conversion and related services, turboprop aircraft, and aircraft components.