Alaska Air Group Inc. (NYSE: ALK) flaunted slowness of -1.95% at $42.18, before settling in for the price of $43.02 at the close. Taking a more long-term approach, ALK posted a 52-week range of $30.75-$57.18.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 16.87%. Meanwhile, its Annual Earning per share during the time was -12.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.95%. This publicly-traded company’s shares outstanding now amounts to $126.09 million, simultaneously with a float of $125.29 million. The organization now has a market capitalization sitting at $5.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.61, while the 200-day Moving Average is $39.15.
Alaska Air Group Inc. (ALK) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Alaska Air Group Inc. industry. Alaska Air Group Inc.’s current insider ownership accounts for 0.40%, in contrast to 81.94% institutional ownership. According to the most recent insider trade that took place on Feb 28 ’24, this organization’s EVP AND CCO sold 6,500 shares at the rate of 38.36, making the entire transaction reach 249,348 in total value, affecting insider ownership by 26,048. Preceding that transaction, on Dec 07 ’23, Company’s CEO AND PRESIDENT bought 56 for 36.27, making the whole transaction’s value amount to 2,031. This particular insider is now the holder of 119,942 in total.
Alaska Air Group Inc. (ALK) Earnings and Revenue Records
Alaska Air Group Inc.’s EPS increase for this current 12-month fiscal period is 1.95% and is forecasted to reach 6.30 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.96% through the next 5 years, which can be compared against the -12.33% growth it accomplished over the previous five years trading on the market.
Alaska Air Group Inc. (NYSE: ALK) Trading Performance Indicators
Let’s observe the current performance indicators for Alaska Air Group Inc. (ALK). It’s Quick Ratio in the last reported quarter now stands at 0.63. The Stock has managed to achieve an average true range (ATR) of 1.32. Alongside those numbers, its PE Ratio stands at $22.51, and its Beta score is 1.61. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.51.
In the same vein, ALK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.87, a figure that is expected to reach 2.30 in the next quarter, and analysts are predicting that it will be 6.30 at the market close of one year from today.
Technical Analysis of Alaska Air Group Inc. (ALK)
Now, what If we examine the latest scores posted by [Alaska Air Group Inc., ALK]. During the last 5-days, its volume was lower the volume of 2.47 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 20.39% While, its Average True Range was 1.32.
Raw Stochastic average of Alaska Air Group Inc. (ALK) in the period of the previous 100 days is set at 69.25%, which indicates a major rise in contrast to 34.76% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.97% that was higher than 32.34% volatility it exhibited in the past 100-days period.
