6.30% volatility in Sun Country Airlines Holdings Inc (SNCY) last month: This is a red flag warning

On Friday, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) opened lower -4.15% from the last session, before settling in for the closing price of $10.35. Price fluctuations for SNCY have ranged from $9.22 to $17.56 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Industrials sector company grew by 18.75% over the past five years. Company’s average yearly earnings per share was noted -34.41% at the time writing. With a float of $40.81 million, this company’s outstanding shares have now reached $53.29 million.

Let’s look at the performance matrix of the company that is accounted for 2783 employees.

Sun Country Airlines Holdings Inc (SNCY) Insider Updates

A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Sun Country Airlines Holdings Inc is 22.72%, while institutional ownership is 80.04%. The most recent insider transaction that took place on Aug 01 ’24, was worth 65,600. Before that another transaction happened on Aug 01 ’24, when Company’s Chief Revenue Officer & SVP sold 5,000 for $12.06, making the entire transaction worth $60,293. This insider now owns 25,068 shares in total.

Sun Country Airlines Holdings Inc (SNCY) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -34.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.49% during the next five years compared to 22.51% growth over the previous five years of trading.

Sun Country Airlines Holdings Inc (NASDAQ: SNCY) Trading Performance Indicators

Check out the current performance indicators for Sun Country Airlines Holdings Inc (SNCY). In the past quarter, the stock posted a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 9.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 1.61 in one year’s time.

Technical Analysis of Sun Country Airlines Holdings Inc (SNCY)

Sun Country Airlines Holdings Inc (NASDAQ: SNCY) saw its 5-day average volume 0.72 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 14.09%. Additionally, its Average True Range was 0.75.

During the past 100 days, Sun Country Airlines Holdings Inc’s (SNCY) raw stochastic average was set at 11.71%, which indicates a significant increase from 10.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.40% in the past 14 days, which was higher than the 54.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.61, while its 200-day Moving Average is $13.51. Nevertheless, the first resistance level for the watch stands at $10.29 in the near term. At $10.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.91. If the price goes on to break the first support level at $9.67, it is likely to go to the next support level at $9.43. Assuming the price breaks the second support level, the third support level stands at $9.05.

Sun Country Airlines Holdings Inc (NASDAQ: SNCY) Key Stats

There are currently 52,611K shares outstanding in the company with a market cap of 523.88 million. Presently, the company’s annual sales total 1,050 M according to its annual income of 72,180 K. Last quarter, the company’s sales amounted to 254,380 K and its income totaled 1,810 K.