Boeing (LON:BOE) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

The Boeing Company (LON:BOEGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 220 ($2.77) and traded as high as GBX 223.12 ($2.81). Boeing shares last traded at GBX 220 ($2.77), with a volume of 7,469 shares traded.

Boeing Price Performance

The company has a market capitalization of £1.32 billion, a P/E ratio of -30.77, a PEG 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. The business has a 50 day simple moving average of GBX 220 and a 200-day simple moving average of GBX 220.

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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