United Continental Holdings (UAL) has been under a strong bear grip, hence the stock is down -1.39% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.01% in the past 1 week. The 4-week change in the price of the stock is -1.01% and the stock has fallen -0.02% in the past 1 week.
United Continental Holdings, Inc. is up 5.84% in the last 3-month period. Year-to-Date the stock performance stands at -17.82%. The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 4.58%.
United Continental Holdings (NYSE:UAL): The stock opened at $47.25 on Friday but the bulls could not build on the opening and the stock topped out at $47.59 for the day. The stock traded down to $46.94 during the day, due to lack of any buying support eventually closed down at $47.09 with a loss of -1.07% for the day. The stock had closed at $47.60 on the previous day. The total traded volume was 3,267,145 shares.
Also, JP Morgan maintains its view on United Continental Holdings (NYSE:UAL) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. JP Morgan lowers the price target from $72 per share to $61.5 per share on United Continental Holdings . The rating by the firm was issued on July 27, 2016.
United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Companys hubs at Newark Liberty International Airport, Chicago OHare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.