Shares of Avianca Holdings SA (NYSE:AVH) rose 3.5% during mid-day trading on Monday . The stock traded as high as $6.29 and last traded at $6.21, with a volume of 102,537 shares changing hands. The stock had previously closed at $6.00.

AVH has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Avianca Holdings SA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 16th. Bank of America Corp. upgraded shares of Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research report on Monday.

The stock’s market cap is $767.68 million. The firm has a 50 day moving average price of $6.16 and a 200-day moving average price of $5.13.

The company also recently declared an annual dividend, which will be paid on Monday, July 11th. Investors of record on Tuesday, July 5th will be given a dividend of $0.03 per share. 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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