Stock Market Recap: Southwest Airlines Co (LUV) Concludes at 31.96, a -1.45 Surge/Decline

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After finishing at $32.43 in the prior trading day, Southwest Airlines Co (NYSE: LUV) closed at $31.96, down -1.45%. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 5.94 million shares were traded. LUV stock price reached its highest trading level at $32.37 during the session, while it also had its lowest trading level at $31.8.

Ratios:

Our goal is to gain a better understanding of LUV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.57.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when Elliott Investment Management sold 1,203,920 shares for $29.83 per share. The transaction valued at 35,912,934 led to the insider holds 59,912,580 shares of the business.

GANGWAL RAKESH bought 643,788 shares of LUV for $19,300,400 on Oct 01 ’24. The Director now owns 3,606,311 shares after completing the transaction at $29.98 per share. On Oct 01 ’24, another insider, GANGWAL RAKESH, who serves as the Director of the company, bought 530,918 shares for $29.89 each. As a result, the insider paid 15,866,908 and bolstered with 2,962,523 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, LUV now has a Market Capitalization of 19167594496 and an Enterprise Value of 18880602112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 0.69 whereas that against EBITDA is 11.225.

Stock Price History:

Over the past 52 weeks, LUV has reached a high of $35.18, while it has fallen to a 52-week low of $23.58. The 50-Day Moving Average of the stock is 3.98%, while the 200-Day Moving Average is calculated to be 9.79%.

Shares Statistics:

The stock has traded on average 7.82M shares per day over the past 3-months and 6267620 shares per day over the last 10 days, according to various share statistics. A total of 596.51M shares are outstanding, with a floating share count of 593.39M. Insiders hold about 1.06% of the company’s shares, while institutions hold 91.37% stake in the company. Shares short for LUV as of 1731628800 were 34508422 with a Short Ratio of 5.09, compared to 1728950400 on 42663233. Therefore, it implies a Short% of Shares Outstanding of 34508422 and a Short% of Float of 7.3.

Dividends & Splits

In the trailing 12 months, LUV’s forward annual dividend rate was 0.72, compared to 0.72 this year. Against a Trailing Annual Dividend Yield of 0.022201667The stock’s 5-year Average Dividend Yield is 1.03.

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