Avianca Holdings SA (AVH) Trading Up 2.1%
Avianca Holdings SA (NYSE:AVH) was up 2.1% during trading on Wednesday . The company traded as high as $6.32 and last traded at $6.31, with a volume of 299,771 shares changing hands. The stock had previously closed at $6.18.
A number of equities research analysts have commented on AVH shares. Zacks Investment Research raised shares of Avianca Holdings SA from a “strong sell” rating to a “buy” rating and set a $7.25 price objective on the stock in a research report on Wednesday, July 13th. Standpoint Research reissued a “buy” rating on shares of Avianca Holdings SA in a research report on Wednesday, July 27th. Finally, Bank of America Corp. raised shares of Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research report on Monday, July 11th.
The company’s 50-day moving average price is $6.24 and its 200-day moving average price is $5.50. The company’s market cap is $786.37 million.
The business also recently announced an annual dividend, which was paid on Monday, July 11th. Investors of record on Tuesday, July 5th were issued a $0.03 dividend. 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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