American Airlines Group Inc (AAL) is 13.89% away from 50-day simple Moving Average despite all headwinds

American Airlines Group Inc (NASDAQ: AAL) kicked off on Friday, up 1.27% from the previous trading day, before settling in for the closing price of $14.20. Over the past 52 weeks, AAL has traded in a range of $9.07-$16.15.

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 16.93% over the past five years. While this was happening, its average annual earnings per share was recorded -44.66%. With a float of $648.71 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

Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of American Airlines Group Inc is 1.29%, while institutional ownership is 56.69%. 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.

American Airlines Group Inc (AAL) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.29 earnings per share (EPS), higher than consensus estimate (set at 0.08) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -44.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.33% 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

Take a look at American Airlines Group Inc’s (AAL) current performance indicators. Last quarter, stock had a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.05 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 22.1 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 66.39%. Additionally, its Average True Range was 0.48.

During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 94.91%, which indicates a significant increase from 83.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.57% in the past 14 days, which was lower than the 39.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.63, while its 200-day Moving Average is $12.58. Nevertheless, the first resistance level for the watch stands at $14.52 in the near term. At $14.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.87. If the price goes on to break the first support level at $14.16, it is likely to go to the next support level at $13.95. The third support level lies at $13.81 if the price breaches the second support level.

American Airlines Group Inc (NASDAQ: AAL) Key Stats

The company with the Market Capitalisation of 9.57 billion has total of 657,131K Shares Outstanding. Its annual sales at the moment are 52,788 M in contrast with the sum of 822,000 K annual income. Company’s last quarter sales were recorded 13,647 M and last quarter income was -149,000 K.