Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of American Airlines Group Inc (NASDAQ: AAL) was $10.77 for the day, down -2.00% from the previous closing price of $10.99. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 40.39 million shares were traded. AAL stock price reached its highest trading level at $11.01 during the session, while it also had its lowest trading level at $10.485.
Ratios:
Our analysis of AAL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Bernstein on July 22, 2024, Downgraded its rating to Mkt Perform and sets its target price to $12 from $18 previously.
On July 17, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $16 to $10.
TD Cowen reiterated its Buy rating for the stock on May 29, 2024, while the target price for the stock was revised from $18 to $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 14 ’23 when Raja Vasu sold 7,545 shares for $14.30 per share. The transaction valued at 107,894 led to the insider holds 321,608 shares of the business.
Raja Vasu sold 5,121 shares of AAL for $62,937 on Nov 21 ’23. The EVP Chief Commercial Officer now owns 334,049 shares after completing the transaction at $12.29 per share. On Nov 20 ’23, another insider, Raja Vasu, who serves as the EVP Chief Commercial Officer of the company, sold 5,298 shares for $12.23 each. As a result, the insider received 64,795 and left with 339,170 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAL now has a Market Capitalization of 7217171456 and an Enterprise Value of 37539266560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13. Its current Enterprise Value per Revenue stands at 0.702 whereas that against EBITDA is 7.289.
Stock Price History:
Over the past 52 weeks, AAL has reached a high of $16.15, while it has fallen to a 52-week low of $9.07. The 50-Day Moving Average of the stock is 3.18%, while the 200-Day Moving Average is calculated to be -16.74%.
Shares Statistics:
AAL traded an average of 33.02M shares per day over the past three months and 29783330 shares per day over the past ten days. A total of 654.27M shares are outstanding, with a floating share count of 647.77M. Insiders hold about 1.36% of the company’s shares, while institutions hold 61.51% stake in the company. Shares short for AAL as of 1723680000 were 121642787 with a Short Ratio of 3.68, compared to 1721001600 on 110407761. Therefore, it implies a Short% of Shares Outstanding of 121642787 and a Short% of Float of 21.030001000000002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.27.
