Southwest Airlines Company (LUV) has been under a strong bear grip, hence the stock is down -1.79% 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 0.44% in the past 1 week. The 4-week change in the price of the stock is -2% and the stock has fallen -0.22% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.17% and the fifty day Moving Average is 5.83%. Southwest Airlines Co. has dropped 13.88% during the last three month period . Year-to-Date the stock performance stands at -15.18%.
Southwest Airlines Company (LUV) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $64 and the lowest price target forecast is $40. The average forecast of all the analysts is $49.57 and the expected standard deviation is $7.76.
Southwest Airlines Company (NYSE:LUV): On Fridays trading session , Opening price of the stock was $36.73 with an intraday high of $36.765. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.05. However, the stock managed to close at $36.27, a loss of 1.14% for the day. On the previous day, the stock had closed at $36.69. The total traded volume of the day was 5,245,502 shares.
Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website, southwest.com, enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and southwest.com/rebook.