Delta Air Lines, Inc (DAL) average volume reaches $8.73M: Are the Stars Lining Up for Investors?

As on Wednesday, Delta Air Lines, Inc (NYSE: DAL) started slowly as it slid -1.71% to $63.64, before settling in for the price of $64.75 at the close. Taking a more long-term approach, DAL posted a 52-week range of $35.46-$66.25.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 20.20%. Meanwhile, its Annual Earning per share during the time was 4.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.41%. This publicly-traded company’s shares outstanding now amounts to $643.45 million, simultaneously with a float of $643.15 million. The organization now has a market capitalization sitting at $41.07 billion. At the time of writing, stock’s 50-day Moving Average stood at $54.26, while the 200-day Moving Average is $47.76.

Delta Air Lines, Inc (DAL) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Airlines industry. Delta Air Lines, Inc’s current insider ownership accounts for 0.33%, in contrast to 79.74% institutional ownership. According to the most recent insider trade that took place on Nov 08 ’24, this organization’s SVP, Fin & Controller sold 21,530 shares at the rate of 60.62, making the entire transaction reach 1,305,256 in total value, affecting insider ownership by 19,756. Preceding that transaction, on Nov 07 ’24, Company’s EVP & Chief Info Officer sold 18,600 for 62.13, making the whole transaction’s value amount to 1,155,711. This particular insider is now the holder of 45,563 in total.

Delta Air Lines, Inc (DAL) Earnings and Revenue Records

Delta Air Lines, Inc’s EPS decrease for this current 12-month fiscal period is -2.41% and is forecasted to reach 7.34 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.57% through the next 5 years, which can be compared against the 4.80% growth it accomplished over the previous five years trading on the market.

Delta Air Lines, Inc (NYSE: DAL) Trading Performance Indicators

Let’s observe the current performance indicators for Delta Air Lines, Inc (DAL). It’s Quick Ratio in the last reported quarter now stands at 0.34. The Stock has managed to achieve an average true range (ATR) of 2.14. Alongside those numbers, its PE Ratio stands at $8.84, and its Beta score is 1.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68. Similarly, its price to free cash flow for trailing twelve months is now 33.01.

In the same vein, DAL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.20, a figure that is expected to reach 1.74 in the next quarter, and analysts are predicting that it will be 7.34 at the market close of one year from today.

Technical Analysis of Delta Air Lines, Inc (DAL)

Through scrutinizing the latest numbers posted by the [Delta Air Lines, Inc, DAL], it can be observed that its last 5-days Average volume of 8.9 million was lower the volume of 9.4 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.36% While, its Average True Range was 2.29.

Raw Stochastic average of Delta Air Lines, Inc (DAL) in the period of the previous 100 days is set at 90.99%, which indicates a major rise in contrast to 72.35% 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 40.68% that was higher than 37.61% volatility it exhibited in the past 100-days period.