Ideas And Forecasts On Boeing Co. (NYSE: BA)

Boeing Co. (NYSE:BA) currently has a daily average trading volume of 6.19M but it saw 6115902 shares traded in last market. With a market cap of 113.46B USD, the company’s current market price of $184.35 came rising about 2.38 while comparing to the previous closing price of $180.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $267.54 and as low as $159.70.

Taking a look at 20-day trading activity of Boeing Co. (BA) gives us an average price of $183.23, while its current price level is -31.09% below from 52-week high level whereas it is 15.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $181.83 while that of 200 days or SMA-200 reads an average of $198.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.75% during that period while stretching the period over a month that decreases to 2.96%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.74 which implies that the stock is in neutral territory.

Northcoast downgraded its recommendation for the stock as a “Sell” from “Neutral” on April 17, 2024 while assigning a price target of $140. BofA Securities issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $210 and $190.

Over the week, BA’s stock price is moving 2.29% up while it is 5.28% when we observe its performance for the past one month. Year-to-date it is -29.28% down and over the past year, the stock is showing a downside performance of -13.90%.

Currently, Boeing Co.’s total number of outstanding shares is 615.47M. Company’s return on investment (ROI) stands at -7.20%. It has a 37.81 of forward P/E ratio. Stock’s beta reads 1.56. Stock has a price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is -1.59% on average.