Airbus (OTCMKTS:EADSY) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Airbus SE (OTCMKTS:EADSY - Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EADSY shares. Jefferies Financial Group downgraded shares of Airbus from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Morgan Stanley reiterated an "overweight" rating on shares of Airbus in a report on Monday, March 10th. Finally, Berenberg Bank upgraded Airbus from a "sell" rating to a "hold" rating in a report on Friday, March 21st.

Airbus Stock Down 6.0 %

The stock's fifty day moving average price is $43.99 and its 200-day moving average price is $40.67. The company has a market capitalization of $118.39 billion, a price-to-earnings ratio of 25.99, a P/E/G ratio of 2.65 and a beta of 1.15. The company has a quick ratio of 0.44, a current ratio of 1.15 and a debt-to-equity ratio of 0.85.

Airbus (OTCMKTS:EADSY - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The aerospace company reported $0.82 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $24.22 billion. On average, sell-side analysts predict that Airbus SE will post 1.74 earnings per share for the current fiscal year.

Airbus Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be given 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 dividend payout ratio is 26.39%.

Airbus Company Profile

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.