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Trade-Ideas LLC identified Delta Air Lines (DAL) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Delta Air Lines as such a stock due to the following factors:
- DAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $316.4 million.
- DAL has traded 21,280 shares today.
- DAL is trading at a new lifetime high since being resurrected from bankruptcy in 2007.
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More details on DAL:
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. The stock currently has a dividend yield of 0.6%. DAL has a PE ratio of 3.1. Currently there are 11 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 1 rates it a hold.
The average volume for Delta Air Lines has been 11.6 million shares per day over the past 30 days. Delta Air Lines has a market cap of $32.5 billion and is part of the services sector and transportation industry. The stock has a beta of 0.98 and a short float of 1.8% with 1.89 days to cover. Shares are up 40.6% year-to-date as of the close of trading on Thursday.