BAE Systems (OTCMKTS:BAESF) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

BAE Systems plc (OTCMKTS:BAESF)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.66 and traded as high as $21.94. BAE Systems shares last traded at $20.54, with a volume of 21,869 shares.

BAE Systems Stock Down 1.0 %

The company has a fifty day moving average price of $17.55 and a two-hundred day moving average price of $16.69.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BAE Systems stock. GAMMA Investing LLC lifted its stake in shares of BAE Systems plc (OTCMKTS:BAESF) by 311.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,187 shares of the company’s stock after purchasing an additional 4,683 shares during the quarter. GAMMA Investing LLC’s holdings in BAE Systems were worth $90,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 40.72% of the company’s stock.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.