Reasons why Boeing Co’s (NYSE:BA) fundamentals are futile

In Friday’s Wall Street session, Boeing Co (NYSE:BA) shares traded at $156.84, up 0.85% from the previous session.

BA stock price is now -7.49% away from the 50-day moving average and -5.86% away from the 200-day moving average. The market capitalization of the company currently stands at $118.01B.

On January 06, 2025, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $190 to quote $210, while ‘Northcoast’ rates the stock as ‘Neutral’

In other news, Cleary Michael J, Controller sold 1,500 shares of the company’s stock on Feb 26 ’25. The stock was sold for $268,530 at an average price of $179.02. Upon completion of the transaction, the Controller now directly owns 26,950 shares in the company, valued at $4.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Officer Michael J. Cleary bought 1,500 shares of the business’s stock. A total of $267,405 was incurred on buying the stock at an average price of $178.27. A total of 0.15% of the company’s stock is owned by insiders.

During the past 12 months, Boeing Co has had a low of $128.88 and a high of $196.95. The fifty day moving average price for BA is $169.544 and a two-hundred day moving average price translates $166.6083 for the stock.

The latest earnings results from Boeing Co (NYSE: BA) was released for 2024-12-31. The company reported revenue of $15.24 billion for the quarter, compared to $22.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.77 percent.

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