Let’s look at the key reasons that are pushing American Airlines Group Inc (AAL) to new highs

On Monday, American Airlines Group Inc (NASDAQ: AAL) opened higher 0.34% from the last session, before settling in for the closing price of $14.88. Price fluctuations for AAL have ranged from $10.86 to $19.08 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 16.93%. Company’s average yearly earnings per share was noted -4.90% at the time writing. With a float of $643.77 million, this company’s outstanding shares have now reached $654.27 million.

Let’s determine the extent of company efficiency that accounts for Feb 04 2020 employees.

American Airlines Group Inc (AAL) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of American Airlines Group Inc is 1.49%, while institutional ownership is 59.13%. The most recent insider transaction that took place on Dec 14, was worth 107,894. In this transaction EVP Chief Commercial Officer of this company sold 7,545 shares at a rate of $14.30, taking the stock ownership to the 321,608 shares. Before that another transaction happened on Nov 21, when Company’s EVP Chief Commercial Officer sold 5,121 for $12.29, making the entire transaction worth $62,937. This insider now owns 334,049 shares in total.

American Airlines Group Inc (AAL) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 14.93 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -4.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 48.70% during the next five years compared to -16.77% drop over the previous five years of trading.

American Airlines Group Inc (NASDAQ: AAL) Trading Performance Indicators

Check out the current performance indicators for American Airlines Group Inc (AAL). In the past quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18. Likewise, its price to free cash flow for the trailing twelve months is 8.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach 3.25 in one year’s time.

Technical Analysis of American Airlines Group Inc (AAL)

Looking closely at American Airlines Group Inc (NASDAQ: AAL), its last 5-days average volume was 29.5 million, which is a drop from its year-to-date volume of 40.83 million. As of the previous 9 days, the stock’s Stochastic %D was 76.31%. Additionally, its Average True Range was 0.52.

During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 81.73%, which indicates a significant increase from 54.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.33% in the past 14 days, which was higher than the 41.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.05, while its 200-day Moving Average is $14.30. However, in the short run, American Airlines Group Inc’s stock first resistance to watch stands at $15.10. Second resistance stands at $15.26. The third major resistance level sits at $15.42. If the price goes on to break the first support level at $14.77, it is likely to go to the next support level at $14.61. Now, if the price goes above the second support level, the third support stands at $14.44.

American Airlines Group Inc (NASDAQ: AAL) Key Stats

There are currently 653,541K shares outstanding in the company with a market cap of 9.76 billion. Presently, the company’s annual sales total 52,788 M according to its annual income of 822,000 K. Last quarter, the company’s sales amounted to 13,062 M and its income totaled 19,000 K.