On Friday, American Airlines Group Inc (NASDAQ: AAL) was 1.04% up from the session before settling in for the closing price of $13.40. A 52-week range for AAL has been $9.07 – $16.15.
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Annual sales at Industrials sector company grew by 16.93% over the past five years. When this article was written, the company’s average yearly earnings per share was at -44.61%. With a float of $648.41 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. In terms of profitability, gross margin is 20.34%, operating margin of 4.13%, and the pretax margin is 0.73%.
American Airlines Group Inc (AAL) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward American Airlines Group Inc stocks. The insider ownership of American Airlines Group Inc is 1.33%, while institutional ownership is 61.88%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -44.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.27% 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
You can see what American Airlines Group Inc (AAL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.03 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 27.49 million, a negative change from its year-to-date volume of 34.74 million. As of the previous 9 days, the stock’s Stochastic %D was 76.93%. Additionally, its Average True Range was 0.50.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 90.85%, which indicates a significant increase from 77.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.34% in the past 14 days, which was higher than the 37.33% 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 $12.62. Nevertheless, the first resistance level for the watch stands at $13.67 in the near term. At $13.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.93. If the price goes on to break the first support level at $13.41, it is likely to go to the next support level at $13.27. The third support level lies at $13.15 if the price breaches the second support level.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
There are 657,131K outstanding shares of the company, which has a market capitalization of 8.99 billion. As of now, sales total 52,788 M while income totals 822,000 K. Its latest quarter income was 13,647 M while its last quarter net income were -149,000 K.
