Stocks of Delta Air Lines, Inc (NYSE:DAL) traded higher last session on Wall Street, down -1.83% to $61.26.
DAL stock price is now 0.50% away from the 50-day moving average and 21.57% away from the 200-day moving average. The market capitalization of the company currently stands at $38.81B.
, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Smith Joanne D, EVP & Chief People Officer sold 19,660 shares of the company’s stock on Nov 21 ’24. The stock was sold for $1,272,002 at an average price of $64.70. Upon completion of the transaction, the EVP & Chief People Officer now directly owns 85,123 shares in the company, valued at $5.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, EVP & Chief People Officer Smith Joanne D sold 4,207 shares of the business’s stock. A total of $255,390 was realized by selling the stock at an average price of $60.71. This leaves the insider owning 104,783 shares of the company worth $6.42 million. A total of 0.33% of the company’s stock is owned by insiders.
During the past 12 months, Delta Air Lines, Inc has had a low of $36.34 and a high of $67.50. As of last week, the company has a debt-to-equity ratio of 1.79, a current ratio of 0.39, and a quick ratio of 0.34. According to the stock market information, the enterprise value for the company is $60785684480, which is based on a 8.51 price-to-earnings ratio, a 0.99 price-to-earnings-growth ratio, and a beta of 1.36. The fifty day moving average price for DAL is $60.9526 and a two-hundred day moving average price translates $50.3916 for the stock.
The latest earnings results from Delta Air Lines, Inc (NYSE: DAL) was released for 2024-09-30. The net profit margin was 7.71% and return on equity was 40.67% for DAL. The company reported revenue of $15.68 billion for the quarter, compared to $15.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent.
