Airbus (OTCMKTS:EADSY) Shares Gap Down – Here’s What Happened

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) gapped down before the market opened on Thursday . The stock had previously closed at $58.92, but opened at $55.13. Airbus shares last traded at $55.12, with a volume of 88,598 shares trading hands.

Wall Street Analyst Weigh In

EADSY has been the topic of several recent research reports. Jefferies Financial Group cut Airbus from a “buy” rating to a “hold” rating in a research report on Friday, January 30th. Kepler Capital Markets downgraded Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Citigroup reiterated a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Airbus currently has an average rating of “Hold”.

Airbus Stock Performance

The company has a quick ratio of 0.43, a current ratio of 1.15 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $172.71 billion, a PE ratio of 31.10, a PEG ratio of 1.17 and a beta of 1.06. The business has a 50 day simple moving average of $58.82 and a 200 day simple moving average of $57.62.

Airbus (OTCMKTS:EADSY) last posted its quarterly earnings data on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.07. Airbus had a net margin of 6.97% and a return on equity of 22.55%. Equities research analysts predict that Airbus SE – Unsponsored ADR will post 1.74 EPS for the current fiscal year.

Airbus Company Profile

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.