Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Boeing Co.’s current trading price is -37.27% away from its 52-week high, while its distance from the 52-week low is -0.92%. The stock’s price range during this period has varied between $169.37 and $267.54. The company, active in the Industrials sector, saw a trading volume of around 6.44 million for the day, considerably lower average daily volume of 9.44 million observed over the last three months.
Boeing Co.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $267.54 on 12/21/23, and the lowest price during the same period was recorded at $169.37 on 04/15/24.
How Financial Performance Impacts Market Capitalization
Boeing Co. (BA) has experienced a quarterly decline of -22.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 102.39B and boasts a workforce of 171000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 213.25, with a change in price of -40.22. Similarly, Boeing Co. recorded 8,820,080 in trading volume during the last 100 days, posting a change of -19.33%.
BA Stock Stochastic Average
As of today, the raw stochastic average of Boeing Co. over the past 50 days is 0.63%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 1.01%. Additionally, the Stochastic %K and %D values for the company were 3.22% and 5.85%, respectively, over the past 20 days.
BA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -35.62%.However, over the last six months, we can see a stronger performance of -12.27%. Over the last 30 days, the price of BA has leaped by -7.36%. And in the last five days, it has fallen by -7.57%.
