American Airlines Group Inc. [AAL] is 34.43% higher this YTD. Is it still time to buy?

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American Airlines Group Inc. [NASDAQ: AAL] gained 0.19% on the last trading session, reaching $21.20 price per share at the time. The company report on July 22, 2021 that Finding Inspiration in Community.

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American Airlines Group Inc. represents 644.12 million in outstanding shares, while the company has a total market value of $13.57 billion with the latest information. AAL stock price has been found in the range of $21.02 to $21.69.

If compared to the average trading volume of 32.16M shares, AAL reached a trading volume of 29249709 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about American Airlines Group Inc. [AAL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AAL shares is $18.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AAL stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Seaport Global Securities have made an estimate for American Airlines Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 23, 2021. The new note on the price target was released on July 14, 2021, representing the official price target for American Airlines Group Inc. stock. Previously, the target price had yet another raise to $29, while MKM Partners analysts kept a Buy rating on AAL stock.

The Average True Range (ATR) for American Airlines Group Inc. is set at 0.89, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.73.

Trading performance analysis for AAL stock

American Airlines Group Inc. [AAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.12. With this latest performance, AAL shares dropped by -4.50% in over the last four-week period, additionally plugging by 34.01% over the last 6 months – not to mention a rise of 80.12% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AAL stock in for the last two-week period is set at 49.78, with the RSI for the last a single of trading hit 53.66, and the three-weeks RSI is set at 48.23 for American Airlines Group Inc. [AAL]. The present Moving Average for the last 50 days of trading for this stock 22.30, while it was recorded at 20.66 for the last single week of trading, and 18.84 for the last 200 days.

American Airlines Group Inc. [AAL]: A deeper dive into fundamental analysis

American Airlines Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.10.

An analysis of insider ownership at American Airlines Group Inc. [AAL]

There are presently around $7,008 million, or 52.10% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 65,972,326, which is approximately 13.357% of the company’s market cap and around 1.00% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 44,141,626 shares of the stock with an approximate value of $935.8 million in AAL stocks shares; and BLACKROCK INC., currently with $740.02 million in AAL stock with ownership of nearly 10.883% of the company’s market capitalization.

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Positions in American Airlines Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 325 institutional holders increased their position in American Airlines Group Inc. [NASDAQ:AAL] by around 41,647,783 shares. Additionally, 232 investors decreased positions by around 37,519,779 shares, while 109 investors held positions by with 251,412,908 shares. The mentioned changes placed institutional holdings at 330,580,470 shares, according to the latest SEC report filing. AAL stock had 113 new institutional investments in for a total of 7,453,286 shares, while 84 institutional investors sold positions of 5,683,958 shares during the same period.

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