A closer look at American Airlines (AAL)
What’s up with American Airlines?
American Airlines (AAL) opened at $9.41, which means the stock is down 10.57% from yesterday’s closing price of 10.64. Today, the company has a high of $10.17 and a low of $9.15. The company has a market cap of $4.03 billion with a 52-week high of $34.99 and a 52-week low of $9.09.
What about the future for American Airlines?
The high forecast for American Airlines is 27.00 while the low is 1.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. American Airlines has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy.. Based on this information AAL seems to be a risky buy.
About American Airlines
American Airlines Group, Inc. is a holding company, which engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. It operates through the following geographical segments: Department of Transportation Domestic; Department of Transportation Latin America; Department of Transportation Atlantic; and Department of Transportation Pacific. The company was founded on December 9, 2013 and is headquartered in Fort Worth, TX.