Avianca Holdings SA (AVH) Sees Unusually-High Trading Volume
Avianca Holdings SA (NYSE:AVH) shares saw unusually-strong trading volume on Wednesday . Approximately 123,788 shares changed hands during mid-day trading, an increase of 28% from the previous session’s volume of 96,664 shares.The stock last traded at $5.84 and had previously closed at $5.90.
A number of analysts have weighed in on AVH shares. Bank of America Corp. raised Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research report on Monday, July 11th. Standpoint Research reiterated a “buy” rating on shares of Avianca Holdings SA in a research note on Wednesday, July 27th. Finally, Zacks Investment Research lowered Avianca Holdings SA from a “buy” rating to a “hold” rating in a research note on Thursday, July 14th.
The stock’s 50-day moving average is $6.28 and its 200 day moving average is $5.42. The stock’s market cap is $722.81 million.
The firm also recently disclosed an annual dividend, which was paid on Monday, July 11th. Stockholders of record on Tuesday, July 5th were paid a dividend of $0.03 per share. The ex-dividend date 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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