Spirit Airlines Inc (NYSE:SAVE) currently has a daily average trading volume of 6.79M but it saw 77071418 shares traded in last market. With a market cap of 337.32M USD, the company’s current market price of $3.08 came rising about 45.97 while comparing to the previous closing price of $2.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.77 and as low as $1.40. In the recent trading on the day, stock has struck highest price mark of $2.53 while lowest mark touched by it was $3.195.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which downgraded the stock as “Sell” in its note to investors issued on July 17, 2024, recommending a price target of between $3 and $2 for it. Deutsche Bank downgraded its recommendation for the stock as a “Sell” from “Hold” on July 08, 2024 while assigning a price target range of $3-$2.
Over the week, SAVE’s stock price is moving 88.96% up while it is 29.96% when we observe its performance for the past one month. Year-to-date it is -80.68% down and over the past year, the stock is showing a downside performance of -80.36%.
Currently, Spirit Airlines Inc’s total number of outstanding shares is 109.26M. Company’s return on investment (ROI) stands at -8.64% and return on equity (ROE) at -59.35%. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 0.42 while price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -7.15% on average.
