Airbus (OTCMKTS:EADSY) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

Airbus SE (OTCMKTS:EADSYGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $44.43 and traded as low as $43.40. Airbus shares last traded at $43.61, with a volume of 357,528 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Morgan Stanley reissued an “overweight” rating on shares of Airbus in a research note on Monday, March 10th. Berenberg Bank upgraded Airbus from a “sell” rating to a “hold” rating in a research report on Friday, March 21st. Finally, Jefferies Financial Group downgraded shares of Airbus from a “buy” rating to a “hold” rating in a research report on Friday, February 21st.

Read Our Latest Report on EADSY

Airbus Stock Performance

The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85. The company has a market cap of $125.95 billion, a price-to-earnings ratio of 27.65, a P/E/G ratio of 2.65 and a beta of 1.47. The stock has a 50 day moving average price of $44.35 and a two-hundred day moving average price of $40.61.

Airbus (OTCMKTS:EADSYGet Free Report) last released its earnings results on Thursday, February 20th. The aerospace company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.16. The firm had revenue of $26.37 billion for the quarter, compared to analyst estimates of $24.22 billion. Airbus had a return on equity of 23.22% and a net margin of 6.10%. Analysts predict that Airbus SE will post 1.74 EPS for the current year.

Airbus Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be issued a dividend of $0.3871 per share. The ex-dividend date is Wednesday, April 23rd. This is a boost from Airbus’s previous dividend of $0.36. Airbus’s payout ratio is currently 26.39%.

About Airbus

(Get Free Report)

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.

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