Southwest Airlines Company (LUV) : The total negative money flow of $4.26 million on Thursday indicates selling on strength. The inflow of money on upticks was $21.32 million, compared to $25.58 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.83. The negative money flow of $1.61 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.63 million in a block trade.The transaction value of block trade on downtick was $2.24 million. The uptick to downtick ratio was 0.28. The price action in the Southwest Airlines Company (LUV) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $39.83 with a gain of $0.7 , a change of 1.79% over the previous days close. The stock registered 0.58% for the week.
Southwest Airlines Company (LUV) : The highest short term price target forecast on Southwest Airlines Company (LUV) is $67 and the lowest target price is $48. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $55.11 with a standard deviation of $6.77. The stock has recorded a 20-day Moving Average of 0.59% and the 50-Day Moving Average is 4.13%.
Southwest Airlines Company (NYSE:LUV): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.00 and $39.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.85, notching a gain of 1.84% for the day. The total traded volume was 3,774,999 . The stock had closed at $39.13 on the previous day.
Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website, southwest.com, enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and southwest.com/rebook.