Southwest Airlines Co. (LUV) is primed for evolution with the beta value of 1.19

Southwest Airlines Co. (LUV) is priced at $31.78 after the most recent trading session. At the very opening of the session, the stock price was $30.75 and reached a high price of $32.15, prior to closing the session it reached the value of $31.58. The stock touched a low price of $30.295.

Recently in News on July 29, 2020, Southwest Airlines Announces Pricing of Notes. – Southwest Airlines Co. (NYSE: LUV) (the “Company”) today announced that it has priced an underwritten public offering of $1,000,000,000 aggregate principal amount of its senior notes, consisting of $300,000,000 aggregate principal amount of 5.250% Notes due 2025 (the “2025 Notes”) and $700,000,000 aggregate principal amount of 5.125% Notes due 2027 (the “2027 Notes,” and, collectively with the 2025 Notes, the “Notes”). The 2025 Notes will be issued at 106.768% of par and the 2027 Notes will be issued at 105.170% of par, plus accrued interest, to yield 3.661% and 4.231% respectively. You can read further details here

Southwest Airlines Co. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $58.83 on 02/14/20, with the lowest value was $22.47 for the same time period, recorded on 05/14/20.

Southwest Airlines Co. (LUV) full year performance was -37.61%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Southwest Airlines Co. shares are logging -45.98% during the 52-week period from high price, and 41.46% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $22.47 and $58.83.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 5315490 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Southwest Airlines Co. (LUV) recorded performance in the market was -41.50%, having the revenues showcasing 14.59% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 18.67B, as it employees total of 61118 workers.

Southwest Airlines Co. (LUV) in the eye of market guru’s

During the last month, 12 analysts gave the Southwest Airlines Co. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 32.64, with a change in the price was noted -4.31. In a similar fashion, Southwest Airlines Co. posted a movement of -11.95% for the period of last 100 days, recording 20,557,873 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LUV is recording 0.88 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.82.

Southwest Airlines Co. (LUV): Stocks Technical analysis and Trends

Raw Stochastic average of Southwest Airlines Co. in the period of last 50 days is set at 12.54%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 25.95%. In the last 20 days, the company’s Stochastic %K was 19.98% and its Stochastic %D was recorded 13.88%.

If we look into the earlier routines of Southwest Airlines Co., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -41.50%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -42.81%, alongside a downfall of -37.61% for the period of the last 12 months. The shares increased approximately by 0.16% in the 7-day charts and went up by -7.44% in the period of the last 30 days. Common stock shares were driven by 14.59% during last recorded quarter.