Airbus (EPA:AIR) Stock Passes Above 50-Day Moving Average – Here’s Why

Airbus SE (EPA:AIRGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of €143.25 ($147.68) and traded as high as €160.96 ($165.94). Airbus shares last traded at €158.54 ($163.44), with a volume of 1,519,491 shares traded.

Airbus Stock Performance

The firm’s 50 day simple moving average is €143.25 and its 200 day simple moving average is €138.69.

About Airbus

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Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.

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