Embraer-Empresa Brasileira de Aeronautica (ERJ) : During the past 4 weeks, traders have been relatively bearish on Embraer-Empresa Brasileira de Aeronautica (ERJ), hence the stock is down -6.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.21% relative to the S&P 500. The 4-week change in the price of the stock is -6.75% and the stock has fallen -7.05% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.4% and the 50-Day Moving Average is 7.46%.The 200 Day SMA reached 25.91%
Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ): The stock opened in the green at $17.45 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $17.5195 and a low of $17.13 for the day. The stock did not find buyers even at the lows and closed at $17.26 recording a loss of -0.80%. 1,683,132 shares exchanged hands during the trading day. The stock had closed at $17.26 in the previous days trading.
Embraer-Empresa Brasileira de Aeronautica (ERJ) : 6 investment research analysts covering Embraer-Empresa Brasileira de Aeronautica (ERJ) have an average price target of $24.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $29 and the lowest target is $18 for the short term. Analysts expect the variance to be within $4.62 of the average price.
Embraer S.A. (Embraer) produces aircraft for commercial and executive aviation, and for defense and security purposes. The Company operates through four segments: Commercial aviation business, Defense and security business, Executive Jets business and Other. The Commercial Aviation business involves the development, production and sale of commercial jets, and rendering of support services. The Defense and security business operations mainly involve research, development, production, modification and support for military defense and security aircraft, as well as a range of products and integrated solutions. The Executive Aviation market operations are constituted by development, production and sale of executive jets, as well as by providing support services and aircraft operational leasing. The Other segment supplies structural parts and mechanical and hydraulic systems, and produces agricultural crop-spraying aircraft.