B/E Aerospace (BEAV) Shares are Up 3.34%

B/E Aerospace (BEAV) has been under a strong bear grip, hence the stock is down -0.35% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.17% in the past 1 week. The stock has risen by 3.34% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.88% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.91% and the 50-Day Moving Average is 5.54%.The 200 Day SMA reached 12.85%


B/E Aerospace (NASDAQ:BEAV): After opening at $51.21, the stock dipped to an intraday low of $51.1 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.91 and the buying power remained strong till the end. The stock closed at $51.66 for the day, a gain of 1.41% for the day session. The total traded volume was 932,227. The stocks close on the previous trading day was $51.66.

B/E Aerospace (BEAV) : The highest level B/E Aerospace (BEAV) is projected to reach is $60 for the short term and the lowest estimate is at $48. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $53.67 and the possibility the share price can swing is $3.61.

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.

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