Aercap Holdings N.V. (AER) : Traders are bullish on Aercap Holdings N.V. (AER) as it has outperformed the S&P 500 by a wide margin of 1.98% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.54%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.59% in the last 1 week, and is up 3.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.01% and the 50-Day Moving Average is 4.22%. Aercap Holdings N.V. (NYSE:AER): On Fridays trading session , Opening price of the stock was $38.13 with an intraday high of $38.325. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.82. However, the stock managed to close at $38.04, a loss of 0.29% for the day. On the previous day, the stock had closed at $38.15. The total traded volume of the day was 1,169,329 shares.
Institutional Investors own 86.31% of Aercap Holdings N.V. shares.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. The Company owns 1,132 aircraft, including 1,100 aircraft held for operating lease, 27 aircraft under finance and sales-type lease, four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out, but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon, a non-consolidated joint venture, owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Companys owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services, including aircraft asset management, administrative services and cash management services.