Spirit Aerosystems Holdings (SPR) Shares are Up 1.23%

Spirit Aerosystems Holdings (SPR) has been under a strong bear grip, hence the stock is down -2.93% 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 1.06% in the past 1 week. The stock has risen by 1.23% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.45% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.04% and the 50-Day Moving Average is 0.08%.The 200 Day SMA reached 2.03%

Spirit

Spirit Aerosystems Holdings (NYSE:SPR): After opening at $44.21, the stock dipped to an intraday low of $43.94 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.745 and the buying power remained strong till the end. The stock closed at $44.54 for the day, a gain of 1.04% for the day session. The total traded volume was 1,447,321. The stocks close on the previous trading day was $44.54.

Spirit Aerosystems Holdings (SPR) : The most positive equity analysts on Spirit Aerosystems Holdings (SPR) expects the shares to touch $74, whereas, the least positive believes that the stock will trade at $44 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $55.78 with an expected fluctuation of $9.86 from the mean.

Spirit AeroSystems Holdings, Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems, Propulsion Systems and Wing Systems. Fuselage Systems segment develops, produces and markets forward, mid and rear fuselage sections and systems, primarily to aircraft OEMs, as well as related spares and maintenance, repair and overhaul support and services (MRO). The Propulsion Systems segment develops, produces and markets struts/pylons, nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems segment develops, produces and markets forward wings and wing components (including flight control surfaces), and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services.

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