BAE Systems (OTCMKTS:BAESF) Stock Passes Above 200-Day Moving Average – Here’s Why

BAE Systems plc (OTCMKTS:BAESFGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.77 and traded as high as $26.36. BAE Systems shares last traded at $24.80, with a volume of 4,669 shares traded.

BAE Systems Stock Performance

The company has a 50 day moving average price of $25.61 and a 200 day moving average price of $24.77.

BAE Systems Company Profile

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BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.

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