Stocks of American Airlines Group Inc (NASDAQ:AAL) traded higher last session on Wall Street, up 1.56% to $17.62.
AAL stock price is now 17.45% away from the 50-day moving average and 37.97% away from the 200-day moving average. The market capitalization of the company currently stands at $11.58B.
With the price target maintained at $24, Raymond James recently Upgraded its rating from Mkt Perform to Outperform for American Airlines Group Inc (NASDAQ: AAL). On December 10, 2024, Bernstein Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock increasing its target price from $14 to quote $24, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Isom Robert D Jr, CEO and President sold 102,441 shares of the company’s stock on Dec 27 ’24. The stock was sold for $1,763,512 at an average price of $17.21. Upon completion of the transaction, the CEO and President now directly owns 2,967,984 shares in the company, valued at $52.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Officer Isom Robert D Jr bought 102,441 shares of the business’s stock. A total of $1,763,515 was incurred on buying the stock at an average price of $17.21. A total of 1.27% 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 $18.20. The fifty day moving average price for AAL is $15.0016 and a two-hundred day moving average price translates $12.77065 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.
