Airbus Group (OTCMKTS:EADSY) Stock Price Down 2.7% - Here's Why

Airbus Group (OTCMKTS:EADSY - Get Free Report)'s share price traded down 2.7% during mid-day trading on Tuesday . The stock traded as low as $52.13 and last traded at $52.15. 312,411 shares changed hands during trading, a decline of 42% from the average session volume of 534,932 shares. The stock had previously closed at $53.57.

Analyst Ratings Changes

Several research analysts have recently weighed in on EADSY shares. Berenberg Bank upgraded Airbus Group from a "sell" rating to a "hold" rating in a research note on Friday, March 21st. Kepler Capital Markets upgraded Airbus Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Citigroup downgraded Airbus Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. Finally, Jefferies Financial Group upgraded Airbus Group from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Airbus Group presently has an average rating of "Moderate Buy".

Airbus Group Trading Up 0.1%

The firm has a market cap of $170.46 billion, a P/E ratio of 35.68, a P/E/G ratio of 7.34 and a beta of 1.31. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.50 and a current ratio of 1.17. The firm has a 50 day simple moving average of $48.35 and a 200 day simple moving average of $44.63.

Airbus Group (OTCMKTS:EADSY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The aerospace company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. The firm had revenue of $15.39 billion during the quarter, compared to the consensus estimate of $13.07 billion. Airbus Group had a return on equity of 22.75% and a net margin of 6.32%. On average, equities research analysts predict that Airbus Group will post 1.74 EPS for the current fiscal year.

About Airbus Group

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.