American Airlines Group Inc (NASDAQ:AAL) shares, rose in value, with the stock price down by -2.18% to the previous day’s close as strong demand from buyers drove the stock to $13.92.
Actively observing the price movement in the last trading, the stock closed the session at $14.23. The PE ratio was 12.80 over 12-month period. Referring to stock’s 52-week performance, its high was $19.08, and the low was $10.86. On the whole, AAL has fluctuated by -6.70% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.27, with the price of AAL currently trading nearly -1.25% and -3.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.46, while the 7-day volatility ratio is showing 3.39% which for the 30-day chart, stands at 3.21%. Furthermore, American Airlines Group Inc (AAL)’s beta value is 1.57, and its average true range (ATR) is 0.50.
A comparison of American Airlines Group Inc (AAL) with its peers suggests the former has fared considerably weaker in the market. AAL showed an intraday change of -2.18% in last session, and over the past year, it grew by 4.50%%.
Data on historical trading for American Airlines Group Inc (NASDAQ:AAL) indicates that the trading volumes over the past 3 months, they’ve averaged 31.81 million. According to company’s latest data on outstanding shares, there are 654.27 million shares outstanding.
Nearly 2.00% of American Airlines Group Inc’s shares belong to company insiders and institutional investors own 52.28% of the company’s shares. The stock has risen by 1.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAL stock heading into the next quarter.
