Large Outflow of Money Witnessed in American Airlines Group, Inc.

American Airlines Group, Inc. (AAL) managed to stay afloat and traded higher with an addition of 0.35 point or 0.79% at $44.6. The money flow data is a negative $(-1.58) million with $25.48 million in upticks and $27.06 million in downticks. The intraday up/down ratio came in at 0.94. The shares has seen -5.01% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $3.3 million and the combined worth of the downticks was $0, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(3.3) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

American Airlines Group Inc. has lost 8.06% in the last five trading days and dropped 5.65% in the last 4 weeks. American Airlines Group Inc. is up 8.77% in the last 3-month period. Year-to-Date the stock performance stands at -5.65%. American Airlines Group, Inc. (NASDAQ:AAL) witnessed a decline in the market cap on Wednesday as its shares dropped 0.45% or 0.2 points. After the session commenced at $44.75, the stock reached the higher end at $45 while it hit a low of $43.91. With the volume soaring to 7,955,513 shares, the last trade was called at $44.05. The company has a 52-week high of $50.64. The company has a market cap of $22,347 million and there are 507,300,000 shares in outstanding. The 52-week low of the share price is $24.85.

Company has reported several Insider transactions to the SEC, on Jan 12, 2017, W Douglas Parker (Chairman and CEO) sold 4,129 shares at 49.00 per share price.On Dec 19, 2016, Robert D Jr Isom (President) sold 20,000 shares at 48.61 per share price.On Dec 15, 2016, Maya Leibman (EVP Chief Information Officer) sold 9,915 shares at 47.95 per share price.

American Airlines Group Inc Last issued its quarterly earnings results on Jan 27, 2017. The company reported $1.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.57. Analyst had a consensus of $0.91. The company had revenue of $9789.00 million for the quarter, compared to analysts expectations of $9735.82 million. The companys revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.00 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Imperial Capital on Jan 31, 2017 to In-line, Raises Price Target to $ 52 from a previous price target of $51 .Company shares were Reiterated by Imperial Capital on Jan 12, 2017 to In-line, Raises Price Target to $ 52 from a previous price target of $49 .Company shares were Reiterated by Imperial Capital on Nov 22, 2016 to In-line, Raises Price Target to $ 49 from a previous price target of $43 .American Airlines Group Inc was Initiated by Citigroup to Buy on Nov 18, 2016.

American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.

American

Share this post

Leave a Reply