Things For Investors To Watch In United Airlines Holdings Inc (NASDAQ: UAL)

United Airlines Holdings Inc (NASDAQ:UAL) does about 9.86M shares in volume on a normal day but saw 7623143 shares change hands in Monday’s trading. The company now has a market cap of 17.89B USD. Its current market price is $54.40, marking an increase of 3.19% compared to the previous close of $52.72. The 52 week high reached by this stock is $58.23 whilst the lowest price level in 52 weeks is $33.68.

United Airlines Holdings Inc (UAL) has a 20-day trading average at $51.89 and the current price is -6.58% off the 52-week high compared with 61.52% distance from its 52-week low. The 50-day simple moving average of the closing price is $47.26 and its 200-day simple moving average is $44.01. If we look at the stock’s price movements over the week, volatility stands at 1.76%, which increases to 3.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.15 to suggest the stock is neutral.

The consensus objective for the share price is $67.76, suggesting that the stock has a potential upside of 19.72% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 20, 2024 when UBS initiated the stock to “Neutral” and issued a price target of $47. Redburn Atlantic downgraded the stock to “Neutral” from Buy on February 13, 2024 at a price target of $50. Evercore ISI upgraded its price target at $58-$65.

United Airlines Holdings Inc (UAL) stock is up 0.80% over the week and 30.14% over the past month. Its price is 31.85% year-to-date and 20.67% over the past year.

To reach the target analysts have set, the stock logically needs to grow 19.72 percent from here.

The company has a return on investment of 6.83% and return on equity of 33.91%. The price to earnings ratio (P/E ratio) amounts to 6.72 while the forward price to earnings ratio is 4.59. The beta has a value of 1.48. Price to book ratio is 1.95 and price to sales ratio is 0.33.