Airbus (OTCMKTS:EADSY) Share Price Crosses Below 50-Day Moving Average - Here's Why

Airbus SE (OTCMKTS:EADSY - Get Free Report)'s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $43.71 and traded as low as $38.01. Airbus shares last traded at $38.95, with a volume of 428,954 shares traded.

Wall Street Analysts Forecast Growth

EADSY has been the subject of a number of analyst reports. Jefferies Financial Group lowered shares of Airbus from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. Berenberg Bank raised shares of Airbus from a "sell" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Airbus in a research report on Monday, March 10th.

Airbus Trading Up 1.1 %

The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.44 and a current ratio of 1.15. The firm has a market cap of $126.29 billion, a PE ratio of 27.72, a price-to-earnings-growth ratio of 2.65 and a beta of 1.15. The stock has a 50-day simple moving average of $43.63 and a two-hundred day simple moving average of $40.74.

Airbus (OTCMKTS:EADSY - Get Free Report) last released its quarterly earnings data 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. Airbus had a net margin of 6.10% and a return on equity of 23.22%. The firm had revenue of $26.37 billion during the quarter, compared to analysts' expectations of $24.22 billion. As a group, sell-side analysts anticipate that Airbus SE will post 1.74 EPS for the current year.

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Airbus Increases Dividend

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

About Airbus

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.