Airbus (OTCMKTS:EADSY) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Airbus SE – Unsponsored ADR (OTCMKTS:EADSYGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $55.81 and traded as high as $62.22. Airbus shares last traded at $61.64, with a volume of 488,758 shares.

Analyst Ratings Changes

A number of equities research analysts recently commented on EADSY shares. BNP Paribas Exane began coverage on shares of Airbus in a report on Monday, April 13th. They set a “neutral” rating for the company. Jefferies Financial Group restated a “hold” rating on shares of Airbus in a research report on Friday, July 10th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Airbus in a research note on Thursday, July 16th. Kepler Capital Markets raised Airbus from a “hold” rating to a “buy” rating in a research note on Thursday, June 18th. Finally, Morgan Stanley restated an “overweight” rating on shares of Airbus in a report on Thursday, May 28th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Airbus

Airbus Trading Up 0.7%

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16. The firm has a market capitalization of $194.52 billion, a PE ratio of 28.15, a P/E/G ratio of 2.41 and a beta of 1.07. The stock’s 50-day simple moving average is $55.81 and its 200-day simple moving average is $53.46.

Airbus (OTCMKTS:EADSYGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. Airbus had a net margin of 7.71% and a return on equity of 24.14%. The company had revenue of $23.36 billion for the quarter, compared to analysts’ expectations of $23.20 billion. As a group, sell-side analysts expect that Airbus SE – Unsponsored ADR will post 2.05 EPS for the current fiscal year.

Airbus Company Profile

(Get Free Report)

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.

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