American Airlines Group Inc [AAL] Is Currently 1.04 below its 200 Period Moving Avg: What Does This Mean?

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American Airlines Group Inc [NASDAQ: AAL] closed the trading session at $13.54.

The stocks have a year to date performance of -1.46 percent and weekly performance of 2.97 percent. The stock has been moved at -2.24 percent over the last six months. The stock has performed 25.14 percent around the most recent 30 days and changed 45.91 percent over the most recent 3-months.

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If compared to the average trading volume of 34.84M shares, AAL reached to a volume of 22341750 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $14.22 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 2.54. 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.

TD Cowen have made an estimate for American Airlines Group Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 25, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $7 to $9. The new note on the price target was released on October 03, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another drop from $18 to $12, while Bernstein kept a Mkt Perform rating on AAL stock. On July 17, 2024, analysts decreased their price target for AAL shares from 16 to 10.

The Average True Range (ATR) for American Airlines Group Inc is set at 0.50, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.17.

AAL stock trade performance evaluation

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 2.97. With this latest performance, AAL shares gained by 25.14% in over the last four-week period, additionally sinking by -2.24% over the last 6 months – not to mention a rise of 21.54% 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 66.81, with the RSI for the last a single of trading hit 65.59, and the three-weeks RSI is set at 65.97 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 11.61, while it was recorded at 13.66 for the last single week of trading, and 12.62 for the last 200 days.

American Airlines Group Inc [AAL]: An insightful look at the core fundamentals

American Airlines Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 0.57.

Earnings per share (EPS) analysis for American Airlines Group Inc [AAL] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Airlines Group Inc go to -5.27%.

American Airlines Group Inc [AAL]: Institutional Ownership

There are presently around $62.56%, or 63.36%% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 74.07 million shares, which is approximately 11.2935%. PRIMECAP MANAGEMENT CO/CA/, holding 56.88 million shares of the stock with an approximate value of $$644.47 million in AAL stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $$458.75 million in AAL stock with ownership which is approximately 6.1736%.