American Airlines Group Inc. (NASDAQ:AAL) shares fell to a low of $19.31 before closing at $20.44. Intraday shares traded counted 99.2 million, which was -36.95% lower than its 30-day average trading volume of 72.43M. AAL’s previous close was $18.68 while the outstanding shares total 639.68M. The firm has a beta of 1.82. The stock’s Relative Strength Index (RSI) is 72.82, with weekly volatility at 5.08% and ATR at 1.00. The AAL stock’s 52-week price range has touched low of $8.25 and a $28.90 high. The stock traded higher over the last trading session, gaining 9.42% on 02/22/21.
Investors have identified the Airlines company American Airlines Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $12.40 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
American Airlines Group Inc. (AAL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AAL, the company has in raw cash 854.0 million on their books with 2.8 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 11.1 billion total, with 16.57 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.03 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AAL sounds very interesting.
Is the stock of AAL attractive?
In related news, Director, EMBLER MICHAEL J bought 4,000 shares of the company’s stock in a transaction that recorded on Feb 28. The purchase was performed at an average price of 19.33, for a total value of 77,312. As the purchase deal closes, the Director, CAHILL JOHN T now bought 25,000 shares of the company’s stock, valued at 474,125. Also, Director, CAHILL JOHN T bought 25,000 shares of the company’s stock in a deal that was recorded on Feb 24. The shares were cost at an average price of 25.14 per share, with a total market value of 628,378. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.93%.
1 out of 22 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on American Airlines Group Inc.. 11 analysts has assigned a Sell rating on the AAL stock. The 12-month mean consensus price target for the company’s shares has been set at $11.94.