|Bid||15.60 x 1100|
|Ask||15.61 x 1800|
|Day's Range||15.11 - 15.73|
|52 Week Range||6.23 - 19.40|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec. 28, 2018|
|1y Target Est||N/A|
The military arm of aerospace manufacturer Embraer (NYSE: ERJ) suffered a setback at the hands of the Brazilian Air Force, and the stock traded down as a result. Shares of Embraer lost 12.7% in November, according to data from S&P Global Market Intelligence, on investor concerns that the company will have a hard time backfilling the lost orders. Embraer, a Brazil-based manufacturer of commercial jets and military equipment, has long had close ties with its home government.
Shares in Brazilian planemaker Embraer SA rose more than 4% after the company said its electric vertical takeoff and landing aircraft (eVTOL) subsidiary Eve Urban Air Mobility has received orders for 60 eVTOLs from two Australian companies. Embraer announced on Monday a partnership with Sydney Seaplanes, which will allow it to start implementing electric air taxi operations in the Greater Sydney region. On Saturday, Embraer said Australian helicopter operator Nautilus had ordered 10 units of Eve's eVTOLs to operate at Queensland's tourist attractions.
Belarusian state-run airline Belavia said on Friday it had been forced to reduce its fleet of planes by almost half after the European Union targeted it with sanctions. The EU sanctioned Belavia on Thursday, accusing it of flying in migrants as a tactic to destabilise European states, punitive measures that were coordinated with Washington. The sanctions mean EU companies can no longer lease planes to the airline, EU officials have said.