Avianca Holdings SA (AVH) Shares Down 2.8%
Avianca Holdings SA (NYSE:AVH)’s share price traded down 2.8% on Wednesday . The stock traded as low as $5.74 and last traded at $5.80, with a volume of 75,264 shares. The stock had previously closed at $5.97.
Separately, Zacks Investment Research cut shares of Avianca Holdings SA from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 18th.
The firm’s 50-day moving average is $6.12 and its 200-day moving average is $5.10. The stock’s market capitalization is $726.55 million.
The company also recently announced an annual dividend, which will be paid on Monday, July 11th. Stockholders of record on Tuesday, July 5th will be paid a $0.03 dividend. The ex-dividend date of this dividend 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.
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.