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 9.27% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.51%, 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 4.03% in the last 1 week, and is up 9.13% 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 6.76% and the 50-Day Moving Average is 10.6%.The 200 Day SMA reached 15.33%. B/E Aerospace Inc. is up 8.87% in the last 3-month period. Year-to-Date the stock performance stands at 24.69%.
B/E Aerospace (NASDAQ:BEAV): After opening at $51.62, the stock dipped to an intraday low of $51.36 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $52.12 and the buying power remained strong till the end. The stock closed at $52.12 for the day, a gain of 1.72% for the day session. The total traded volume was 848,937. The stocks close on the previous trading day was $51.24.
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.