Boeing (LON:BOE) Shares Pass Above 200 Day Moving Average – Time to Sell?

The Boeing Company (LON:BOEGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 220 ($2.77) and traded as high as GBX 223.12 ($2.81). Boeing shares last traded at GBX 220 ($2.77), with a volume of 7,469 shares changing hands.

Boeing Price Performance

The company has a debt-to-equity ratio of 6,813.79, a quick ratio of 0.30 and a current ratio of 1.16. The firm has a 50 day simple moving average of GBX 220 and a two-hundred day simple moving average of GBX 220. The stock has a market cap of £1.32 billion, a P/E ratio of -30.77, a P/E/G ratio of 7.14 and a beta of 1.43.

About Boeing

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The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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