American Airlines Group Inc (AAL) is 27.22% away from 50-day simple Moving Average despite all headwinds

On Monday, American Airlines Group Inc (NASDAQ: AAL) was -1.38% drop from the session before settling in for the closing price of $17.40. A 52-week range for AAL has been $9.07 – $18.09.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 16.93%. When this article was written, the company’s average yearly earnings per share was at -39.22%. With a float of $648.71 million, this company’s outstanding shares have now reached $657.10 million.

The extent of productivity of a business whose workforce counts for 132100 workers is very important to gauge. 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 1.28%, while institutional ownership is 56.83%. 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

According to the Wall Street analysts, stocks earnings will be around -39.22% 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

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 0.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.22 in one year’s time.

Technical Analysis of American Airlines Group Inc (AAL)

The latest stats from [American Airlines Group Inc, AAL] show that its last 5-days average volume of 43.5 million was superior to 33.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 81.68%. Additionally, its Average True Range was 0.64.

During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 89.69%, which indicates a significant increase from 78.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.83% in the past 14 days, which was higher than the 45.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.49, while its 200-day Moving Average is $12.61. Now, the first resistance to watch is $17.45. This is followed by the second major resistance level at $17.74. The third major resistance level sits at $17.96. If the price goes on to break the first support level at $16.94, it is likely to go to the next support level at $16.72. The third support level lies at $16.43 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 11.28 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.