With 654.27M Outstanding Shares, Can American Airlines Group Inc (NASDAQ: AAL) Deliver Big Short-Term Gains?

American Airlines Group Inc (NASDAQ:AAL) currently has a daily average trading volume of 36.19M but it saw 29968281 shares traded in last market. With a market cap of 8.43B USD, the company’s current market price of $12.83 came falling about -1.00 while comparing to the previous closing price of $12.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.15 and as low as $9.07. In the recent trading on the day, stock has struck highest price mark of $12.66 while lowest mark touched by it was $13.035.

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 reiterated the stock as “Hold” in its note to investors issued on October 03, 2024, recommending a price target of between $7 and $9 for it. Bernstein downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on July 22, 2024 while assigning a price target range of $18-$12. TD Cowen issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $16 and $10.

Over the week, AAL’s stock price is moving -0.47% down while it is 16.21% when we observe its performance for the past one month. Year-to-date it is -6.62% down and over the past year, the stock is showing an upside performance of 13.64%.

Currently, American Airlines Group Inc’s total number of outstanding shares is 654.27M. Company’s return on investment (ROI) stands at -0.41%. It has a 6.66 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to sale or P/S ratio amounts to 0.16. Its return on asset (ROA) is -0.18% on average.