The recent price movement of LUV means that it is now down by -5.90% from its 52-week high and 16.68% up against its 52-week low prices. Over the past one week, the price volatility of LUV stands at 1.33% while the volatility over the past one month is 1.50%. The beta score for this stock is 1.47. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.
The company on 10/24/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.17 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.07 by 0.1. The revenue by the firm was 5.72B for the quarter.
The shares of Southwest Airlines Co. (LUV) gained by 0.49%, leading to a gain of $0.27 per share, and saw LUV end the trading session at $55.30 on Thursday 01/16/20. LUV started the trading session at $55.38, before reaching a daily high of $55.68. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $55.075.
The trading volume on Thursday stood at 2936709, which was below the stock’s 3-month average volume of 3.50 million shares, out of a total 523.93M shares. As the price of the stock climbed, the market valuation of the company gained to 29.30 billion.
The shares of Overstock.com Inc. (NASDAQ: OSTK) went down by -0.70% by the end of the recent trading session. This movement saw its price plunge to close at $8.54, which was lower than the previous closing price of $8.60. Over the past one week, the price of OSTK has jumped by 5.17%, while it has recorded a gain of 20.96% over the past one month. Its three-month performance saw OSTK lose -26.41% while its six-month performance saw it drop by -54.31%. The situation is different though over the past one year, as the stock price went down by -39.48%, while its year-to-date (YTD) price performance jumped by 21.13%. The stock price has gone up by +29.98% compared to its 90-day low, while it is down -29.71% compared to its 90-day high price.
Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,948,940 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,723,080 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see OSTK stock with a 100-Day average volume of 3,186,009 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves OSTK with an average rating of 56% Sell.
Several brokerage firms sent out their reports OSTK stock not long ago. In its report sent out on August 09, 2019, Maxim Group lowered its ratings on OSTK to a Buy. In an earlier report on July 16, 2019, Maxim Group Resumed the stock to a Buy. Maxim Group meanwhile in its report on September 10, 2018 Resumed its rating of the stock to “Buy”.
In related news to the company’s stock, around 49.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 145 institutions currently hold the OSTK stock. In the last quarter, a 17,587,609 OSTK shares were in the possession of institutions. On the other hand, the company recorded 22 new institutions who bought it their stock, while 38 institutions sold their entire OSTK reserve. Of the current institutions investing in the stock, 59 increased their investment while 71 decreased their investment in the stock.