American Airlines Group Inc (NASDAQ: AAL) on Friday, soared 0.64% from the previous trading day, before settling in for the closing price of $14.02. Within the past 52 weeks, AAL’s price has moved between $10.86 and $19.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.93%. The company achieved an average annual earnings per share of -11.81%. With a float of $642.93 million, this company’s outstanding shares have now reached $654.27 million.
Considering the fact that the conglomerate employs 132100 people, you should pay attention to its efficiency factor.
American Airlines Group Inc (AAL) Breakdown of a Key Holders of the stock
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of American Airlines Group Inc is 2.00%, while institutional ownership is 52.29%. The most recent insider transaction that took place on Dec 14 ’23, 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 ’23, 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 14.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.74% during the next five years compared to -17.73% drop over the previous five years of trading.
American Airlines Group Inc (NASDAQ: AAL) Trading Performance Indicators
American Airlines Group Inc (AAL) is currently performing well based on its current performance indicators. A quick ratio of 0.51 was reported for the most recent quarter. 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 7.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach 3.21 in one year’s time.
Technical Analysis of American Airlines Group Inc (AAL)
Compared to the last year’s volume of 34.18 million, its volume of 33.75 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.72%. Additionally, its Average True Range was 0.48.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 51.43%, which indicates a significant decrease from 58.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.41% in the past 14 days, which was higher than the 42.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.52, while its 200-day Moving Average is $14.13. Nevertheless, the first resistance level for the watch stands at $14.30 in the near term. At $14.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.72. If the price goes on to break the first support level at $13.89, it is likely to go to the next support level at $13.67. Now, if the price goes above the second support level, the third support stands at $13.47.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
Market capitalization of the company is 9.26 billion based on 654,757K outstanding shares. Right now, sales total 52,788 M and income totals 822,000 K. The company made 13,062 M in profit during its latest quarter, and 19,000 K in sales during its previous quarter.
