Home / Business / Recommended Mix Momentum Stocks: The Boeing Company (NYSE:BA), Verizon Communications (NYSE:VZ)

Recommended Mix Momentum Stocks: The Boeing Company (NYSE:BA), Verizon Communications (NYSE:VZ)

The Boeing Company (NYSE:BA) [Trend Analysis] tries to capture market sentiments, shares inched up 0.20% to $150.04. Boeing (BA) announced Friday that it has delivered the 10th 787-9 Dreamliner to Vietnam Airlines, the national flag carrier of Vietnam.

The airline took delivery of its first 787 Dreamliner in July 2015 and has nine more 787s on order. Phan Xuan Duc, Executive Vice President of Vietnam Airlines, said, “The 787 is one of the keys to our fleet expansion plans, and plays a vital role in enabling us to offer customers four-star quality of service and establish Vietnam Airlines among the leading carriers in Asia.” According to Dinesh Keskar, senior vice president, Asia Pacific & India Sales, Boeing Commercial Airplanes, the 787 Dreamliner has enabled Vietnam Airlines to profitably operate key routes such as Hanoi to Heathrow and Ho Chi Minh City to Sydney.

When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 0.80%. Investors looking further ahead will note that the Price to next year’s EPS is 32.43%. (What Market Forces Produce Volatility in NYSE:BA Share? Find Free Report Here)

As for as concerns shares volumes, in share of capital The Boeing Company (NYSE:BA) has 617.17 million outstanding shares among them 615.54 million shares have been floated in market exchange. BA institutional ownership remained 73.60% while insider ownership included 0.10%. The firm attains analyst recommendation of 2.40 with week’s performance of 3.24%

Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] shows fluctuation in active trade, on Monday shares knocked up 0.88% to $50.67. Verizon (VZ) reported that it takes on T-Mobile with great iPhone 7 Black Friday sale of its own.T-Mobile came out with a great iPhone 7 Black Friday sale earlier this week, and Sprint was quick to respond with its own special sale.

Verizon, which already announced a great Google Pixel deal the other day, is now back with an iPhone 7 offer to take on its rivals. Starting on Thanksgiving, Verizon will let buyers purchase one of the hottest smartphones of the year for $0 when bought with an installment plan. You’ll also have to trade in one of the 13 eligible phones. In addition to the iPhone 7 and iPhone 7 Plus, the Pixel, Pixel XL, Moto Z Droid, Moto Z Droid Force, Galaxy S7 Edge, and Galaxy S7 are also included in the deal.

The 52-week high of the share price is -9.10% and 52-week low of the share price is 19.46%. Current stock price is in the upbeat territory taking into account of 20 days moving average with 6.10% and continued bullish run for 50 days moving average with 2.67%.

Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 0.80 as compared to its debt to equity ratio stands at 5.21. To take look on ration of tradable shares being shorted in market, float short ration was 0.91%, as compared to sentiment indicator; Short Ratio was 2.61. Taking notice in average true range, it was 0.80.

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About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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