The price of Controladora Vuela Cia De Aviacion ADR (NYSE:VLRS) shares last traded on Wall Street fell -2.60% to $8.24.
VLRS stock price is now 3.51% away from the 50-day moving average and 15.46% away from the 200-day moving average. The market capitalization of the company currently stands at $948.42M.
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With the price target enhanced from $13 to $14, TD Cowen maintained Buy rating for Controladora Vuela Cia De Aviacion ADR (NYSE: VLRS). On October 22, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $10 to quote $13, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, DIAMONDSTREAM PARTNERS FUND II, Director bought 20,000 shares of the company’s stock on Dec 17 ’24. The stock was bought for $165,888 at an average price of $8.29. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Director William Dean Donovan bought 5,000 shares of the business’s stock. A total of $41,450 was incurred on buying the stock at an average price of $8.29. A total of 18.23% of the company’s stock is owned by insiders.
During the past 12 months, Controladora Vuela Cia De Aviacion ADR has had a low of $5.15 and a high of $9.57. As of last week, the company has a debt-to-equity ratio of 11.64, a current ratio of 0.73, and a quick ratio of 0.72. The fifty day moving average price for VLRS is $7.9606 and a two-hundred day moving average price translates $7.1368 for the stock.
The latest earnings results from Controladora Vuela Cia De Aviacion ADR (NYSE: VLRS) was released for 2024-09-30. The net profit margin was 5.99% and return on equity was 85.14% for VLRS. The company reported revenue of $726.0 million for the quarter, compared to $782.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.16 percent. For the current quarter, analysts expect VLRS to generate $16.78B in revenue.
