Controladora Vuela Co Avcn SA CV (VLRS) was Upgraded by Morgan Stanley to ” Overweight”. Earlier the firm had a rating of “Equal-Weight ” on the company shares. Morgan Stanley advised their investors in a research report released on Sep 8, 2016.
Controladora Vuela Co Avcn SA CV closed down -0.07 points or -0.38% at $18.27 with 230,511 shares getting traded on Wednesday. Post opening the session at $18.4, the shares hit an intraday low of $18.09 and an intraday high of $18.46 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier airline. Controladora Vuela Compania de Aviacion SAB de CV offers direct point-to-point flights. The Company serves through secondary lower cost airports and provides a single class of service. The Company utilizes such aircraft as the Airbus A319 and A320 families among others. The Company has such subsidiaries as Comercializadora Volaris SA de CV Servicios Corporativos Volaris SA de CV Concesionaria Vuela Compania de Aviacion SAPI de CV Deutsche Bank Mexico SA Trust 1484 among others.