BAE Systems (OTCMKTS:BAESF) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

BAE Systems plc (OTCMKTS:BAESF) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.50 and traded as low as $14.03. BAE Systems shares last traded at $14.19, with a volume of 26,694 shares trading hands.

BAE Systems Stock Performance

The company has a 50-day moving average of $15.82 and a two-hundred day moving average of $16.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BAE Systems stock. Eagle Bay Advisors LLC bought a new stake in shares of BAE Systems plc (OTCMKTS:BAESF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,050 shares of the company’s stock, valued at approximately $34,000. 40.72% of the stock is owned by hedge funds and other institutional investors.

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.