B/E Aerospace (BEAV) : Traders are bullish on B/E Aerospace (BEAV) as it has outperformed the S&P 500 by a wide margin of 0.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.31%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.24% in the last 1 week, and is up 4.24% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.74% and the 50-Day Moving Average is 1.67%. B/E Aerospace Inc. has dropped 1.2% during the last 3-month period . Year-to-Date the stock performance stands at 13.93%.
B/E Aerospace (NASDAQ:BEAV): On Fridays trading session , Opening price of the stock was $47.71 with an intraday high of $48.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.48. However, the stock managed to close at $47.835, a loss of 0.36% for the day. On the previous day, the stock had closed at $48.01. The total traded volume of the day was 930,306 shares.
B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world. The Company operates through two segments: commercial aircraft (CAS) and business jet (BJS). The Companys commercial aircraft (CAS) segment offers a range of seating products, oxygen delivery systems, coffee makers and water boilers, ovens, and refrigeration equipment, modular lavatory, wastewater and galley systems, and also provides engineering, design, integration, installation and certification services. The Companys business jet segment offers a range of furnishings and interior packages for business jets.