Alaska Air Group (ALK) : During the past 4 weeks, traders have been relatively bearish on Alaska Air Group (ALK), hence the stock is down -2.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The stock has risen by 0.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.45% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.05% and the 50-Day Moving Average is 1.26%.The 200 Day SMA reached 5.64%
Alaska Air Group (NYSE:ALK): After opening at $65.6, the stock dipped to an intraday low of $65.29 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $66.35 and the buying power remained strong till the end. The stock closed at $65.86 for the day, a gain of 0.84% for the day session. The total traded volume was 884,090. The stocks close on the previous trading day was $65.86.
Alaska Air Group (ALK) : Average target price received by Alaska Air Group (ALK) is $79.19 with an expected standard deviation of $8.18. The most aggressive target on the stock is $87, whereas the most downbeat target is $65. 8 financial analysts are currently covering the stock.
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.