Among the biggest risers on the S&P 500 on Monday March 29 was The Boeing Company ($BA), popping some 2.31% to a price of $250.52 a share with some 22.03 million shares trading hands.
Starting the day trading at $251.30, The Boeing Company reached an intraday high of $254.71 and hit intraday lows of $248.03. Shares gained $5.65 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 583.64 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $113.89 to $278.57.
Boeing is a major aerospace and defense firm. With headquarters in Chicago, the firm operates in four segments, commercial airplanes, defense, space & security, global services, and Boeing capital. Boeing’s commercial airplanes segment generally produces about 60% of sales and two-thirds of operating profit, and it competes with Airbus in the production of aircraft ranging from 130 seats upwards. Boeing’s defense, space & security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. The defense segment produces about 25% of sales and 13% of operating profit, respectively. Boeing’s global services segment provides aftermarket servicing to commercial and military aircraft and produces about 15% of sales and 21% of operating profit.
The Boeing Company has its corporate headquarters located in Chicago, IL and employs 141,000 people. Its market cap has now risen to $146.21 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B -7.98, and P/FCF n/a.