American Airlines Group Inc (NASDAQ:AAL) price closed lower on Friday, April 12, dropping -3.45% below its previous close.
A look at the daily price movement shows that the last close reads $13.62. The company’s 5Y monthly beta was ticking 1.57 while its P/E ratio in the trailing 12-month period read 12.09. Taking into account the 52-week price action we note that the stock hit a 52-week high of $19.08 and 52-week low of $10.86. The stock subtracted -6.07% on its value in the past month.
American Airlines Group Inc, which has a market valuation of $8.61 billion, is expected to release its quarterly earnings report Apr 25, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give AAL a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.26. The overview shows that AAL’s price is at present -8.39% off the SMA20 and -10.19% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 33.12, with weekly volatility standing at 3.09%. The indicator jumps to 2.65% when calculated based on the past 30 days. American Airlines Group Inc (NASDAQ:AAL)’s beta value is holding at 1.58, while the average true range (ATR) indicator is currently reading 0.44. An analysis of the American Airlines Group Inc (NASDAQ:AAL) stock in terms of its daily trading volume indicates that the 3-month average is 33.72 million.
Current records show that the company has 654.27M in outstanding shares. The insiders’ percentage holdings are 2.00% of outstanding shares while the percentage share held by institutions stands at 52.41%. But the -4.29% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
