Hawaiian Holdings (HA) : Traders are bullish on Hawaiian Holdings (HA) as it has outperformed the S&P 500 by a margin of 21.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.48%, 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 4.12% in the last 1 week, and is up 29.87% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Hawaiian Holdings (NASDAQ:HA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.56 and $43.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.26, notching a gain of 6.39% for the day. The total traded volume was 2,157,609 . The stock had closed at $43.48 on the previous day.
The stock has recorded a 20-day Moving Average of 13.32% and the 50-Day Moving Average is 14.81%. Hawaiian Holdings Inc. is up 5.14% in the last 3-month period. Year-to-Date the stock performance stands at 30.94%.
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.