Dow Jones Industrial Average
) is trading down 8.0 points at 13,067 as of Monday, Jul 30, 2012, 12:35 p.m. ET. During this time, 244.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 684.7 million. The NYSE advances/declines ratio sits at 1,394 issues advancing vs. 1,518 declining with 129 unchanged.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
Holding back the Dow today is
), which is lagging the broader Dow index with a 72-cent decline (-0.9%) bringing the stock to $74.79. This single loss is lowering the Dow Jones Industrial Average by 5.45 points or roughly accounting for 68.1% of the Dow's overall loss. Volume for Boeing currently sits at 2.4 million shares traded vs. an average daily trading volume of 4.1 million shares.
Boeing has a market cap of $56.32 billion and is part of the
industry. Shares are up 2.9% year to date as of Friday's close. The stock's dividend yield sits at 2.3%.
The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 13, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Boeing as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Boeing Ratings Report.