American Airlines Group Inc. (AAL) is a major US carrier with a current market capitalization of around 11 billion USD as of February 3rd, 2023. Its stocks are traded on the NASDAQ stock exchange with an average daily trading volume of around 26.7 million shares and a price of 16.8 USD per share as of this date. This is slightly up from the previous close of 16.79 USD, which was also up 0.59% from its day low of 16.58 USD and down 0.06% from its day high of 16.84 USD.
When looking at the long-term picture, AAL’s market cap on February 1st, 2023 was 10.85 billion USD which is significantly lower than its year high market cap of 21.42 billion USD reached in May 2021 and higher than its year low market cap of 11.65 billion USD reached in March 2020. Additionally, it has an average 50-day price average of 14.894 USD and 200-day average price average 14.5388 USD which shows that although there have been minor fluctuations over time, the overall trend has been relatively stable for the past several months or so.
Overall, American Airlines Group Inc.’s financial situation appears to be solid with a steady growth in market capitalization over time despite some short-term volatility in stock prices due to external factors such as changes in industry conditions or global events such as the pandemic last year which put a strain on airlines’ finances globally including AAL’s own coffers here in the US too. The company’s robust liquidity position should give investors confidence when considering buying or holding onto AAL stock while they wait for those returns they might be expecting over time given that the airline industry looks set to make a full recovery at some point soon enough over 2021/2022 ahead here too hopefully enough then!
