Alaska Air Group Inc.: Analyzing ALK Stock Trends

The stock of Alaska Air Group Inc. (ALK) is currently priced at $37.01. In the last session, the stock climbed significantly, topping out at $37.775 after opening at $36.33. The day’s lowest price was $36.32 before the stock closed at $36.09.

In terms of market performance, Alaska Air Group Inc. had a fairly uneven. The highest value for the stock in the past year was $57.18 on 07/13/23, and the lowest value was recorded at $30.75 on 11/01/23.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


52-week price history of ALK Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Alaska Air Group Inc.’s current trading price is -35.27% away from its 52-week high, while its distance from the 52-week low is 20.36%. The stock’s price range during the 52-week period has remained between $30.75 and $57.18. In the Industrials sector, the company’s shares saw a trading volume of around 3.07 million for the day, which was evidently higher than the average daily volume of 2.15 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Alaska Air Group Inc. (ALK) has experienced a quarterly decline of -14.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.74B and boasts a workforce of 25469 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 41.73, with a change in price of -12.95. Similarly, Alaska Air Group Inc. recorded 2,075,760 in trading volume during the last 100 days, posting a change of -25.92%.

Examining ALK’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ALK stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.79.

ALK Stock Stochastic Average

Alaska Air Group Inc.’s raw stochastic average for the past 50 days is presently 61.74%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 89.11%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 91.62% and 87.95%, respectively.

ALK Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -13.81% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -18.21%. Over the past 30 days, the price of ALK has fallen by 7.43%. And in the last five days, it has surged by 9.11%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts