Airbus (OTCMKTS:EADSF) Trading Down 1% – Time to Sell?

Airbus SE (OTCMKTS:EADSF) was down 1% on Tuesday . The company traded as low as $211.78 and last traded at $212.97. Approximately 792 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 6,019 shares. The stock had previously closed at $215.03.

Airbus Price Performance

The stock’s 50 day moving average is $206.44 and its two-hundred day moving average is $185.78.

Institutional Trading of Airbus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EADSF. Norman Fields Gottscho Capital Management LLC acquired a new position in Airbus during the second quarter worth $772,000. Generali Investments CEE investicni spolecnost a.s. raised its stake in Airbus by 201.4% during the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 22,279 shares of the company’s stock worth $3,923,000 after acquiring an additional 14,886 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in Airbus by 17,695.9% during the first quarter. GAMMA Investing LLC now owns 56,591 shares of the company’s stock worth $10,071,000 after acquiring an additional 56,273 shares in the last quarter. Institutional investors own 26.91% of the company’s stock.

Airbus Company Profile

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.