Large Outflow of Money Witnessed in American Airlines Group

American Airlines Group (NASDAQ:AAL) had an volatile session and gained 0.12 points till last call. The price was at $29.26, gaining 0.39% till the last intraday data. The total uptick value was $29.88 million while the total downtick value was $49.76 million. The shares saw a net money flow of $(-19.88) million and the up/down ratio stood at 0.6. The stock has seen a change of of -11.72% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-18.15) million. Almost $1.01 million were received in upticks and approximately $19.16 million were lost in downticks, thereby giving the up/down ratio of 0.05.

American Airlines Group Inc. has lost 11.47% in the last five trading days and dropped 10.03% in the last 4 weeks. American Airlines Group Inc. has dropped 32.26% during the last 3-month period . Year-to-Date the stock performance stands at -30.33%.

Currently the company Insiders own 0.25% of American Airlines Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.11% . Institutional Investors own 73.42% of American Airlines Group shares. During last six month period, the net percent change held by insiders has seen a change of -11.49%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of American Airlines Group Inc., Schifter Richard P had purchased shares worth of $96,390 in a transaction dated on June 13, 2016. A total of 3,000 shares were purchased at a price of $32.13 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

American Airlines Group (NASDAQ:AAL) rose 0.69% or 0.2 points on Friday and made its way into the gainers of the day. After trading began at $29.1 the stock was seen hitting $29.55 as a peak level and $28.85 as the lowest level. The stock ended up at $29.34. The daily volume was measured at 15,301,910 shares. The 52-week high of the share price is $47.09 and the 52-week low is $28.85. The company has a market cap of $16,964 million.

American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Groups principal subsidiary include US Airways, Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAGs primary business activity includes the operation of two network carriers through its principal, wholly-owned mainline operating subsidiaries: American and US Airways. The Companys airlines operate an average of approximately 6,700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth (DFW), Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.