Southwest Airlines Company (LUV) has risen sharply, recording gains of 0.66% in the past 4 weeks. However, the stock has corrected -2.01% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.74% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 3.69%.The 200 Day SMA reached 10.66% Southwest Airlines Co. has dropped 7.68% during the last 3-month period . Year-to-Date the stock performance stands at -14.44%.
Southwest Airlines Company (LUV) : Average target price received by Southwest Airlines Company (LUV) is $49.13 with an expected standard deviation of $7.3. The most aggressive target on the stock is $64, whereas the most downbeat target is $40. 8 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Southwest Airlines Company (NYSE:LUV): stock was range-bound between the intraday low of $36.51 and the intraday high of $36.9 after having opened at $36.9 on Fridays session. The stock finally closed in the red at $36.9, a loss of -1.08%. The stock remained in the red for the whole trading day. The total traded volume was 6,268,408 shares. The stock failed to cross $36.9 in Fridays trading. The stocks closing price on Thursday was $36.99.
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.