Avianca Holdings SA (NYSE:AVH) shot up 3.5% during mid-day trading on Monday . The company 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.

A number of research firms have recently issued reports on AVH. Bank of America Corp. upgraded shares of Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research report on Monday. 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’s market capitalization is $806.31 million. The firm has a 50-day moving average price of $6.21 and a 200 day moving average price of $5.16.

The company also recently disclosed an annual dividend, which was paid on Monday, July 11th. Investors of record on Tuesday, July 5th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was 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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