Alaska Air Group (ALK) : $1.57 million worth of transactions were on upticks in Alaska Air Group (ALK), compared to $0.45 million on downticks. The ratio between the two was 3.52, whereas, the net money flow stood at a healthy $1.13 million on Mondays session. The consistent buying on upticks in the stock accounted for $1.2million worth of trades. The total money flow into the stock stood at $1.2 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.14%. The stock was trading at $65.29, with a drop of $0.09 over the previous days close. The stock recorded -1.42% for the week.
Shares of Alaska Air Group, Inc. rose by 0.39% in the last five trading days and 1.66% for the last 4 weeks. Alaska Air Group, Inc. is up 0.13% in the last 3-month period. Year-to-Date the stock performance stands at -17.21%.
Alaska Air Group (NYSE:ALK): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $65.54 and $65.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.12, notching a gain of 1.13% for the day. The total traded volume was 814,870 . The stock had closed at $65.38 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Tilden Bradley D, (CHAIRMAN, PRESIDENT AND CEO) of Alaska Air Group, Inc., had unloaded 4,000 shares at an average price of $63.84 in a transaction dated on July 19, 2016. The total value of the transaction was worth $255,360.
Alaska Air Group, Inc. is a holding company of Alaska Airlines Inc. (Alaska) and Horizon Air Industries Inc. (Horizon). The Company operates Alaska Airlines and Horizon Air airlines, which together with its partner regional airlines serve approximately 100 cities through a network in Alaska, the Lower 48, Hawaii, Canada and Mexico. The Company operates in three segments: Alaska Mainline, Alaska Regional and Horizon. Alaska Mainline is the Boeing 737 part of Alaskas business. Alaska Regional is Alaskas shorter distance network. Horizon operates regional aircraft. In 2014, the Company carried approximately 29 million passengers. Alaska operates a fleet of passenger jets (mainline) and contracts with Horizon SkyWest Airlines Inc. (SkyWest) and Peninsula Airways, Inc. (PenAir) for regional capacity under which Alaska receives all passenger revenue from those flights. Horizon operates a fleet of turboprop aircraft and sells all of its capacity to Alaska.