Hawaiian Holdings (NASDAQ:HA) : Traders are bullish on Hawaiian Holdings (NASDAQ:HA) as it has outperformed the S&P 500 by a wide margin of 4.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.03%, 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 10.43% in the last 1 week, and is up 5.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 72.80% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $50.95 and the one year low was seen on Jul 29, 2015. The 50-Day Moving Average price is $38.99 and the 200 Day Moving Average price is recorded at $40.36.
The stock has recorded a 20-day Moving Average of 12.39% and the 50-Day Moving Average is 5.58%.
Hawaiian Holdings (NASDAQ:HA): stock turned positive on Friday. Though the stock opened at $41.16, the bulls momentum made the stock top out at $42.89 level for the day. The stock recorded a low of $41.11 and closed the trading day at $42.25, in the green by 4.50%. The total traded volume for the day was 1,456,326. The stock had closed at $40.43 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Rose Crystal K, director of Hawaiian Holdings Inc, had unloaded 40,000 shares at an average price of $42 in a transaction dated on June 9, 2016. The total value of the transaction was worth $1,680,000.
Hawaiian Holdings, Inc. is a holding company. Through its subsidiary Hawaiian Airlines, Inc., the Company is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the international routes). In addition, it operates various charter flights and offers non-stop services to Hawaii from 11 United States gateway cities. It also provides approximately 166 daily flights between the Hawaiian Islands. The Companys fleet has approximately 18 Boeing 717-200 aircraft for the Neighbor Island routes and 10 Boeing 767-300 aircraft and 19 Airbus A330-200 aircraft for the North America, international and charter routes. It owns three ATR42 turboprop aircraft for the Ohana by Hawaiian Neighbor Island service.