Market Momentum: Copa Holdings S.A (CPA) Registers a 0.88 Increase, Closing at 94.19

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Copa Holdings S.A (NYSE: CPA) closed the day trading at $94.19 up 0.88% from the previous closing price of $93.37. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.69 million shares were traded. CPA stock price reached its highest trading level at $96.45 during the session, while it also had its lowest trading level at $92.57.

Ratios:

For a better understanding of CPA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.69.

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 this company, TD Cowen on August 09, 2024, Reiterated its Buy rating but revised its target price to $130 from $145 previously.

On June 18, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $160 to $145.

On May 24, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $140.Morgan Stanley initiated its Overweight rating on May 24, 2024, with a $140 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPA now has a Market Capitalization of 3917644800 and an Enterprise Value of 5263620608. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 1.507 whereas that against EBITDA is 5.059.

Stock Price History:

Over the past 52 weeks, CPA has reached a high of $114.00, while it has fallen to a 52-week low of $80.01. The 50-Day Moving Average of the stock is -2.96%, while the 200-Day Moving Average is calculated to be -2.55%.

Shares Statistics:

Over the past 3-months, CPA traded about 305.47K shares per day on average, while over the past 10 days, CPA traded about 472980 shares per day. A total of 31.10M shares are outstanding, with a floating share count of 30.54M. Insiders hold about 26.57% of the company’s shares, while institutions hold 68.30% stake in the company. Shares short for CPA as of 1730332800 were 1505051 with a Short Ratio of 4.93, compared to 1727654400 on 1705191. Therefore, it implies a Short% of Shares Outstanding of 1505051 and a Short% of Float of 4.9399999999999995.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.08.

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