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Should You Buy Boeing Co (BA) Stock After it Is Down 7.40% in a Week?

Friday, January 21, 2022 02:42 PM | InvestorsObserver Analysts

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Should You Buy Boeing Co (BA) Stock After it Is Down 7.40% in a Week?

Boeing Co (BA) stock has fallen 7.40% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Boeing Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BA!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With BA Stock Today?

Boeing Co (BA) stock is trading at $207.34 as of 2:32 PM on Friday, Jan 21, a loss of -$6.85, or -3.2% from the previous closing price of $214.19. The stock has traded between $204.57 and $213.79 so far today. Volume today is 7,936,112 compared to average volume of 9,070,881. To screen for more stocks like Boeing Co click here.

More About Boeing Co

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. Click Here to get the full Stock Report for Boeing Co stock.

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