Shares of Delta Air Lines, Inc. (DAL) saw an erosion of -0.06 points in recent session. During the trading, the value of each share was $47.19, dropping -0.12%. The shares saw high fund-flow as the composite value of all the upticks was $59.22 million and the total value of all the downticks was a mere $53.6 million. The net money flow was seen at $5.62 million and the up/down ratio was measured at 1.1. On a weekly basis the shares of the shares has recorded a change of -5.06%.The block trade which occurred today had $7.08 million in upticks and $1.22 million in downticks with the up/down ratio climbing to 5.83. $5.87 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Delta Air Lines, Inc. has lost 5.84% in the last five trading days and dropped 3.92% in the last 4 weeks. Delta Air Lines, Inc. is up 13.67% in the last 3-month period. Year-to-Date the stock performance stands at -3.92%. Delta Air Lines, Inc. (NYSE:DAL) rose 0.04% or 0.02 points on Wednesday and made its way into the gainers of the day. After trading began at $47.48 the stock was seen hitting $47.77 as a peak level and $47.04 as the lowest level. The stock ended up at $47.26. The daily volume was measured at 8,377,490 shares. The 52-week high of the share price is $52.76 and the 52-week low is $32.6. The company has a market cap of $34,802 million.
Company has reported several Insider transactions to the SEC, on Jan 24, 2017, Douglas R Ralph (director) purchased 1,000 shares at 49.04 per share price.On Dec 21, 2016, Edward H Bastian (Chief Executive Officer) sold 103,000 shares at 50.77 per share price.On Dec 19, 2016, Joanne D Smith (EVP & Chief HR Officer) sold 1,970 shares at 50.72 per share price.
Delta Air Lines Last issued its quarterly earnings results on Jan 12, 2017. The company reported $0.82 EPS for the quarter. Analyst had a consensus estimate of $0.82. The company had revenue of $9458.00 million for the quarter, compared to analysts expectations of $9372.35 million. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 13, 2017 to Outperform, Raises Price Target to $ 60 from a previous price target of $57 .Company shares were Reiterated by Cowen on Dec 9, 2016 to Outperform, Raises Price Target to $ 56 from a previous price target of $52 .Company shares were Reiterated by Imperial Capital on Nov 22, 2016 to In-line, Raises Price Target to $ 52 from a previous price target of $44 .Delta Air Lines was Initiated by Citigroup to Buy on Nov 18, 2016.
Delta is Americas fastest growing international carrier. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic.