Avianca Holdings SA (AVH) Sees Unusually-High Trading Volume
Avianca Holdings SA (NYSE:AVH) shares saw an uptick in trading volume on Tuesday . 272,340 shares changed hands during mid-day trading, an increase of 60% from the previous session’s volume of 170,074 shares.The stock last traded at $6.19 and had previously closed at $6.20.
Several brokerages have commented on AVH. Zacks Investment Research cut shares of Avianca Holdings SA from a “buy” rating to a “hold” rating in a report on Thursday, July 14th. 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. Finally, Standpoint Research reissued a “buy” rating on shares of Avianca Holdings SA in a research report on Wednesday, July 27th.
The company’s market capitalization is $808.80 million. The stock has a 50 day moving average price of $6.24 and a 200-day moving average price of $5.50.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.