Copa Holdings S.A. (CPA) has risen sharply, recording gains of 13.58% in the past 4 weeks. However, the stock has corrected -2.84% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 14.19% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.71% and the 50-Day Moving Average is 10.74%.The 200 Day SMA reached 42.53%
Copa Holdings S.A. (NYSE:CPA): After opening at $87.33, the stock dipped to an intraday low of $86.35 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $88.71 and the buying power remained strong till the end. The stock closed at $87.93 for the day, a gain of 0.71% for the day session. The total traded volume was 587,112. The stocks close on the previous trading day was $87.93.
Copa Holdings S.A. (CPA) : 6 Wall Street analysts covering Copa Holdings S.A. (CPA) believe that the average level the stock could reach for the short term is $97. The maximum price target given is $116 and the minimum target for short term is around $72, hence the standard deviation is calculated at $14.97.
Copa Holdings, S.A. (Copa Holdings) is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa Airlines and Copa Colombia. Copa Airlines operates from its located position in the Republic of Panama, and Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. As of December 31, 2013, the Company operates a fleet of 90 aircraft, 64 Boeing 737-Next Generation aircraft and 26 Embraer 190 aircraft. The Company offers approximately 327 daily scheduled flights among 66 destinations in 29 countries in North, Central and South America and the Caribbean from its Panama City hub. The Company provides passengers with access to flights to more than 150 other destinations through codeshare arrangements with UAL and other airlines.