Finance

Comparing Profitability of this stock: Alaska Air Group, Inc. (NYSE:ALK)

Alaska Air Group, Inc. (NYSE:ALK), ended its previous trading session at $62.64 showing a gain of 1.15 or 1.87 percent with respect to the price of $61.49 when stock market opened. The company traded 1.35 Million shares over the course of the trading day. Giving the average volume of 1.69 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 123.29 Million.

Alaska Air Group, Inc. (NYSE:ALK) is currently trading lower than its price target which is set to $72.13 by the analyst. The stock is -16.29% Below its 1-Year High which is $74.83. ALK has a difference of 17.33% from its 1 year low which stands at $53.39. The company is currently rated by analyst who are keeping a close eye on the stock as 2.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Alaska Air Group, Inc. (NYSE:ALK) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 3.88 percent in the shares price. The company added about 2.74% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 6.62 Percent. ALK currently shows 2.94% as its year to date performance.

Alaska Air Group, Inc. (NYSE:ALK) Price Insight

The stock needs to grow about $9.48999999999999 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 2.46%, 7.14% and -0.85 percent respectively. The stock trades about 6.42 percent of its Float giving its total shares Outstanding are 123.29 Million. ALK lost about -4.74 percent in 6 months showing its Average True Range of 1.44. The company currently has a RSI and Beta of 61.6 and 0.83.

While talking about Alaska Air Group, Inc. (NYSE:ALK) valuation ratios, the stock trades with a P/S and P/B of 0.93 and 2.06 which is significantly better and attractive as compared to its peers.