Avianca Holdings SA (AVH) Shares Down 4.9%
Avianca Holdings SA (NYSE:AVH) shares fell 4.9% during trading on Monday . The company traded as low as $6.08 and last traded at $6.16, with a volume of 97,122 shares trading hands. The stock had previously closed at $6.48.
A number of research firms have recently commented on AVH. Zacks Investment Research raised Avianca Holdings SA from a “strong sell” rating to a “buy” rating and set a $7.25 target price on the stock in a research note on Wednesday, July 13th. Bank of America Corp. raised Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research note on Monday, July 11th.
The stock has a 50-day moving average of $6.48 and a 200 day moving average of $5.28. The stock’s market cap is $778.89 million.
The business also recently declared an annual dividend, which was paid on Monday, July 11th. Shareholders 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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