NEW YORK, March 24, 2017 /PRNewswire/ --
Stock-Callers.com has initiated reports coverage on these four stocks: Delta Air Lines Inc. (NYSE: DAL), American Airlines Group Inc. (NASDAQ: AAL), United Continental Holdings Inc. (NYSE: UAL), and Spirit Airlines Inc. (NASDAQ: SAVE). These companies are part of the Major Airlines industry, which offers air transportation services for individuals and cargo services to many major cities around the world. Learn more about these stocks by accessing their free research reports at:
Atlanta, Georgia headquartered Delta Air Lines Inc.'s shares rose 0.39%, finishing Thursday's trading session at $45.92. A total volume of 5.58 million shares was traded. The stock is trading above its 200-day moving average by 6.40%. Moreover, shares of Delta Air Lines, which provides scheduled air transportation for passengers and cargo in the US and internationally, have a Relative Strength Index (RSI) of 36.83.
On March 13th, 2017, Delta Air Lines announced the successful completion of its cash tender offer that commenced on February 13th, 2017, through the Mexican Stock Exchange to acquire up to an additional 32% of the outstanding capital stock of Grupo Aeroméxico S.A.B. de C.V. for MXN $53.00 per share, which expired at 1:00 p.m., Mexico City time, on March 10th, 2017. Free research report on DAL is available at:
On Thursday, shares in Fort Worth, Texas headquartered American Airlines Group Inc. recorded a trading volume of 9.47 million shares, which was above their three months average volume of 6.84 million shares. The stock ended the session 2.63% higher at $41.41. The Company's shares are trading 3.21% above their 200-day moving average. Furthermore, shares of American Airlines, which through its subsidiaries, operates as a network air carrier, has an RSI of 36.69.
On March 09th, 2017, American Airlines reported February 2017 and YTD traffic results. Total revenue passenger miles were 15.2 billion, down 3.3% YOY. Total capacity was 19.6 billion available seat miles, down 3.7% versus February 2016. Total passenger load factor was 77.3%, up 0.3% compared with the same period a year ago.
On March 22nd, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. The complimentary research report on AAL can be downloaded at:
Shares in Chicago, Illinois-based United Continental Holdings Inc. closed at $67.50, up 0.82% from the last trading session. The stock recorded a trading volume of 4.44 million shares, which was above its three months average volume of 3.72 million shares. The Company's shares are trading 13.79% above their 200-day moving average. Additionally, shares of United Continental, which together with its subsidiaries, provides air transportation services in North America, Asia/Pacific, Europe, Middle East, Africa, and Latin America, have an RSI of 40.22.
On March 08th, 2017, United Continental reported February 2017 operational results. Consolidated traffic decreased 0.8%, and consolidated capacity decreased 0.4% YOY. Consolidated load factor decreased 0.3 points compared to February 2016. The Company continues to expect Q1 2017 consolidated passenger unit revenue to be down 1.0% to up 1.0% compared to Q1 2016.
On March 17th, 2017, research firm Imperial Capital reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $82 a share to $75 a share. Visit us today and access our complete research report on UAL at:
Miramar, Florida headquartered Spirit Airlines Inc.'s stock ended 0.36% lower at $50.30 with a total trading volume of 641,134 shares. The Company's shares are trading above their 200-day moving average by 4.31%. Shares of the Company, which provides low-fare airline services, have an RSI of 42.27. Get free access to your research report on SAVE at:
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