Avianca Holdings SA (NYSE:AVH) shares traded down 2.8% on Wednesday . The stock traded as low as $5.74 and last traded at $5.80, with a volume of 75,264 shares traded. The stock had previously closed at $5.97.

Separately, Zacks Investment Research downgraded shares of Avianca Holdings SA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 18th.

The firm has a 50-day moving average of $6.14 and a 200-day moving average of $5.11. The company’s market capitalization is $751.48 million.

The firm also recently disclosed an annual dividend, which will be paid on Monday, July 11th. Shareholders of record on Tuesday, July 5th will be paid a $0.03 dividend. The ex-dividend date is Thursday, June 30th.

Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a strategic alliance between Aerovias del Continente Americano SA (AVIANCA) and Grupo TACA Holdings Limited (GTH), and it mainly operates in North, Central and South America, the Caribbean and Europe.

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