Hawaiian Holdings (HA) has been under a strong bear grip, hence the stock is down -2.94% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.38% in the past 1 week. The stock has risen by 1.35% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.57% in the past 4 weeks.
Hawaiian Holdings Inc. is up 9.1% in the last 3-month period. Year-to-Date the stock performance stands at 27.57%. The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 7.73%.
Hawaiian Holdings (NASDAQ:HA): The stock opened at $45.12 on Friday but the bulls could not build on the opening and the stock topped out at $45.75 for the day. The stock traded down to $44.66 during the day, due to lack of any buying support eventually closed down at $45.07 with a loss of -0.11% for the day. The stock had closed at $45.12 on the previous day. The total traded volume was 518,079 shares.
Also, Argus Research upgrades its view on Hawaiian Holdings (NASDAQ:HA) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Hold. The rating by the firm was issued on July 26, 2016.
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.