BAE Systems plc (OTCMKTS:BAESY - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as $73.75 and last traded at $73.14, with a volume of 1698240 shares changing hands. The stock had previously closed at $71.13.
Wall Street Analyst Weigh In
Separately, Bank of America restated an "underperform" rating on shares of BAE Systems in a research report on Friday, November 29th.
View Our Latest Report on BAESY
BAE Systems Trading Down 2.4 %
The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72. The business has a 50-day moving average price of $61.66 and a 200-day moving average price of $64.98.
Institutional Trading of BAE Systems
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC acquired a new position in shares of BAE Systems in the 4th quarter valued at about $26,000. Ramirez Asset Management Inc. grew its holdings in BAE Systems by 3.4% during the fourth quarter. Ramirez Asset Management Inc. now owns 67,760 shares of the aerospace company's stock valued at $3,899,000 after purchasing an additional 2,211 shares during the last quarter. Sit Investment Associates Inc. raised its position in shares of BAE Systems by 4.3% in the fourth quarter. Sit Investment Associates Inc. now owns 55,390 shares of the aerospace company's stock valued at $3,166,000 after purchasing an additional 2,285 shares during the period. Altrius Capital Management Inc boosted its holdings in shares of BAE Systems by 2.3% during the 3rd quarter. Altrius Capital Management Inc now owns 109,506 shares of the aerospace company's stock worth $7,266,000 after buying an additional 2,470 shares during the period. Finally, Dorsey Wright & Associates grew its stake in BAE Systems by 11.7% in the 3rd quarter. Dorsey Wright & Associates now owns 56,856 shares of the aerospace company's stock valued at $3,775,000 after buying an additional 5,936 shares during the last quarter. Institutional investors and hedge funds own 0.21% of the company's stock.
About BAE Systems
(
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BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.
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