The stock price of American Airlines Group Inc. (NASDAQ: AAL) has dropped by -3.45 compared to previous close of 14.07. Despite this, the company has seen a fall of -8.89% in its stock price over the last five trading days. The Wall Street Journal reported on 05/19/23 that Judge Rejects Partnership Between American Airlines and JetBlue
Is It Worth Investing in American Airlines Group Inc. (NASDAQ: AAL) Right Now?
American Airlines Group Inc. (NASDAQ: AAL) has a price-to-earnings ratio of 5.32x that is above its average ratio. Additionally, the 36-month beta value for AAL is 1.51. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 14 rating it as “hold,” and 1 rating it as “sell.”
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The average price predicted by analysts for AAL is $18.19, which is $3.26 above the current price. The public float for AAL is 642.23M and currently, short sellers hold a 10.89% ratio of that float. The average trading volume of AAL on May 24, 2023 was 24.19M shares.
AAL’s Market Performance
AAL’s stock has seen a -8.89% decrease for the week, with a 5.80% rise in the past month and a -14.40% fall in the past quarter. The volatility ratio for the week is 3.96%, and the volatility levels for the past 30 days are at 3.51% for American Airlines Group Inc. The simple moving average for the past 20 days is -3.33% for AAL’s stock, with a -4.88% simple moving average for the past 200 days.
AAL Trading at -2.30% from the 50-Day Moving Average
After a stumble in the market that brought AAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.44% of loss for the given period.
Volatility was left at 3.51%, however, over the last 30 days, the volatility rate increased by 3.96%, as shares surge +7.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.55% lower at present.
During the last 5 trading sessions, AAL fell by -8.12%, which changed the moving average for the period of 200-days by -8.79% in comparison to the 20-day moving average, which settled at $14.10. In addition, American Airlines Group Inc. saw 6.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAL starting from STEENLAND DOUGLAS M, who sale 1,950 shares at the price of $14.10 back on May 15. After this action, STEENLAND DOUGLAS M now owns 29,736 shares of American Airlines Group Inc., valued at $27,495 using the latest closing price.
STEENLAND DOUGLAS M, the Director of American Airlines Group Inc., sale 2,000 shares at $13.88 during a trade that took place back on May 12, which means that STEENLAND DOUGLAS M is holding 31,686 shares at $27,768 based on the most recent closing price.
Stock Fundamentals for AAL
Current profitability levels for the company are sitting at:
- +3.68 for the present operating margin
- +18.45 for the gross margin
The net margin for American Airlines Group Inc. stands at +0.26. The total capital return value is set at 4.69, while invested capital returns managed to touch 0.37.
When we switch over and look at the enterprise to sales, we see a ratio of 0.83, with the company’s debt to enterprise value settled at 1.04. The receivables turnover for the company is 26.88 and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
Conclusion
In conclusion, American Airlines Group Inc. (AAL) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
