Stock Research Monitor: SAVE, UAL, and VLRS
LONDON, UK / ACCESSWIRE / July 26, 2018 / If you want a free Stock Review on DAL sign up now at www.wallstequities.com/registration. WallStEquities.com has selected the following Major Airlines stocks for review: Delta Air Lines Inc. (NYSE: DAL), Spirit Airlines Inc. (NYSE: SAVE), United Continental Holdings Inc. (NYSE: UAL), and Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS). The airlines industry provides air transportation for passengers and cargo by using aircraft such as airplanes and helicopters. All you have to do is sign up today for this free limited time offer by clicking the link below.
Delta Air Lines
Atlanta, Georgia headquartered Delta Air Lines Inc.'s shares declined slightly by 0.04%, closing Wednesday's trading session at $51.66. The stock recorded a trading volume of 4.72 million shares. The Company's shares have advanced 0.68% in the last month and 1.02% over the past year. The stock is trading 1.86% below its 50-day moving average. Additionally, shares of the Company, which provides scheduled air transportation for passengers and cargo in the US and internationally, have a Relative Strength Index (RSI) of 48.12.
On July 13th, 2018, research firm Imperial Capital reiterated its ‘Outperform' rating on the Company's stock with a decrease of the target price from $68 a share to $65 a share.
On July 19th, 2018, Delta Air Lines announced that the Company and WestJet have signed a definitive agreement to create a comprehensive transborder joint venture arrangement that will offer customers an extensive route network within the US and Canada. The agreement deepens the existing codeshare partnership between the carriers and follows the signing of a memorandum of understanding in December 2017 announcing the intention to form a joint venture. Get the full research report on DAL for free by clicking below at:
On Wednesday, shares in Miramar, Florida headquartered Spirit Airlines Inc. recorded a trading volume of 1.99 million shares, which was above their three months average volume of 1.42 million shares. The stock rose 2.07%, ending the day at $41.41. The Company's shares have advanced 13.98% in the past month and 10.05% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 9.51% and 5.71%, respectively. Furthermore, shares of Spirit Airlines, which provides low-fare airline services, have an RSI of 60.21.
On July 11th, 2018, Spirit Airlines announced that it will start daily, nonstop service from Newark Liberty International Airport to Las Américas International Airport in Santo Domingo, Dominican Republic, beginning November 08th, 2018. On December 20th, 2018, the Company will grow again and begin nonstop seasonal service between Detroit Metro Airport and Sangster International Airport in Montego Bay, Jamaica, running three times weekly.
On July 25th, 2018, research firm Buckingham Research upgraded the Company's stock rating from ‘Neutral' to ‘Buy'. SAVE's complimentary research coverage is a few simple steps away at:
United Continental Holdings
Chicago, Illinois-based United Continental Holdings Inc.'s stock finished the day 0.65% higher at $80.56. A total volume of 3.85 million shares was traded, which was above their three months average volume of 3.40 million shares. The Company's shares have advanced 12.94% in the last month, 17.59% in the previous three months, and 15.95% over the past year. The stock is trading above its 50-day and 200-day moving averages by 12.19% and 19.17%, respectively. Additionally, shares of the Company, which together with its subsidiaries, provides air transportation services in North America, Asia/Pacific, EMEA region, and Latin America, have an RSI of 69.43.
On July 18th, 2018, United Airlines, a subsidiary of United Continental Holdings, announced that Lori Bradley has been named Senior Vice President, Talent Management and Organizational Effectiveness. Ms. Bradley is a veteran human resources executive, bringing more than 25 years of talent management expertise with large corporations to this newly created role.
On July 19th, 2018, research firm Macquarie upgraded the Company's stock rating from ‘Neutral' to ‘Outperform'. Register for your free research report on UAL at:
Controladora Vuela Compania de Aviacion
Shares in Mexico City, Mexico headquartered Controladora Vuela Compania de Aviacion S.A.B. de C.V. ended yesterday's session 4.09% higher at $7.12. The stock recorded a trading volume of 557,970 shares, which was above its three months average volume of 526,760 shares. The Company's shares have surged 34.09% in the last month and 22.13% over the previous three months. The stock is trading 27.43% above its 50-day moving average. Moreover, shares of the Company, which provides air transportation services for passengers, cargo, and mail in Mexico and internationally, have an RSI of 75.41.
On July 20th, 2018, Controladora Vuela Compania de Aviacion (d/b/a Volaris) announced its financial results for the second quarter of 2018. Total operating revenues reached Ps.6,230 million for the quarter, total ancillary revenues were Ps.2,093 million, and total operating revenues per available seat mile were Ps.123.1 cents. Operating expenses per available seat mile for Q2 2018 were Ps.134.5 cents, operating loss was Ps.575 million, and net income was Ps.38 million.
On July 24th, 2018, research firm Imperial Capital reiterated its ‘In-line' rating on the Company's stock with an increase of the target price from $5 a share to $7 a share. Wall St. Equities' downloadable research report on VLRS available at:
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