American Airlines Group Inc (NASDAQ: AAL) on Friday, soared 0.44% from the previous trading day, before settling in for the closing price of $11.28. Within the past 52 weeks, AAL’s price has moved between $10.86 and $19.08.
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Annual sales at Industrials sector company grew by 16.93% over the past five years. The company achieved an average annual earnings per share of -22.00%. With a float of $646.72 million, this company’s outstanding shares have now reached $654.27 million.
Let’s look at the performance matrix of the company that is accounted for 132100 employees.
American Airlines Group Inc (AAL) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of American Airlines Group Inc is 1.43%, while institutional ownership is 58.82%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -22.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.99% 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 0.48 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 0.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.60, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 2.80 in one year’s time.
Technical Analysis of American Airlines Group Inc (AAL)
American Airlines Group Inc (NASDAQ: AAL) saw its 5-day average volume 29.19 million, a negative change from its year-to-date volume of 34.05 million. As of the previous 9 days, the stock’s Stochastic %D was 52.47%. Additionally, its Average True Range was 0.33.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 7.13%, which indicates a significant decrease from 51.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.91% in the past 14 days, which was lower than the 39.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.97, while its 200-day Moving Average is $13.36. Nevertheless, the first resistance level for the watch stands at $11.39 in the near term. At $11.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.55. If the price goes on to break the first support level at $11.23, it is likely to go to the next support level at $11.14. Assuming the price breaks the second support level, the third support level stands at $11.07.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
Market capitalization of the company is 7.43 billion based on 656,090K outstanding shares. Right now, sales total 52,788 M and income totals 822,000 K. The company made 12,570 M in profit during its latest quarter, and -312,000 K in sales during its previous quarter.
