In yesterday’s Wall Street session, American Airlines Group Inc (NASDAQ:AAL) shares traded at $17.16, down -1.38% from the previous session.
AAL stock price is now 27.22% away from the 50-day moving average and 36.03% away from the 200-day moving average. The market capitalization of the company currently stands at $11.29B.
With the price target enhanced from $10 to $17, TD Cowen maintained Hold rating for American Airlines Group Inc (NASDAQ: AAL). On December 05, 2024, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $20, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Raja Vasu, EVP Chief Commercial Officer sold 7,545 shares of the company’s stock on Dec 14 ’23. The stock was sold for $107,894 at an average price of $14.30. Upon completion of the transaction, the EVP Chief Commercial Officer now directly owns 321,608 shares in the company, valued at $5.52 million. A total of 1.28% of the company’s stock is owned by insiders.
During the past 12 months, American Airlines Group Inc has had a low of $9.07 and a high of $18.09. The fifty day moving average price for AAL is $13.3768 and a two-hundred day moving average price translates $12.6044 for the stock.
The latest earnings results from American Airlines Group Inc (NASDAQ: AAL) was released for 2024-09-30. The company reported revenue of $13.65 billion for the quarter, compared to $13.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent.
