BAE Systems plc (OTCMKTS:BAESY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $76.16 and traded as high as $106.97. BAE Systems shares last traded at $105.55, with a volume of 252,686 shares traded.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of BAE Systems in a report on Monday, April 28th. Berenberg Bank downgraded shares of BAE Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, March 10th.
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BAE Systems Stock Down 3.1%
The company has a debt-to-equity ratio of 0.72, a current ratio of 1.03 and a quick ratio of 0.91. The firm's 50-day moving average is $93.80 and its 200-day moving average is $76.16.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its stake in BAE Systems by 49.4% in the first quarter. First Horizon Advisors Inc. now owns 620 shares of the aerospace company's stock worth $51,000 after purchasing an additional 205 shares during the last quarter. Atlas Capital Advisors Inc. grew its stake in shares of BAE Systems by 116.9% in the first quarter. Atlas Capital Advisors Inc. now owns 1,900 shares of the aerospace company's stock worth $156,000 after purchasing an additional 1,024 shares during the last quarter. HighPoint Advisor Group LLC purchased a new position in BAE Systems during the 1st quarter valued at about $185,000. GAMMA Investing LLC raised its position in BAE Systems by 26.0% during the 1st quarter. GAMMA Investing LLC now owns 2,260 shares of the aerospace company's stock valued at $186,000 after purchasing an additional 466 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in BAE Systems by 19.6% in the 1st quarter. Rhumbline Advisers now owns 5,485 shares of the aerospace company's stock worth $451,000 after buying an additional 897 shares during the period. 0.21% of the stock is currently owned by institutional investors.
BAE Systems Company Profile
(
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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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