New Lifetime High For Southwest Airlines (LUV)

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Trade-Ideas LLC identified Southwest Airlines ( LUV) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Southwest Airlines as such a stock due to the following factors:

  • LUV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $144.8 million.
  • LUV has traded 1,660 shares today.
  • LUV is trading at a new lifetime high.

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More details on LUV:

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. The stock currently has a dividend yield of 0.8%. LUV has a PE ratio of 18.6. Currently there are 10 analysts that rate Southwest Airlines a buy, 2 analysts rate it a sell, and 1 rates it a hold.

The average volume for Southwest Airlines has been 6.0 million shares per day over the past 30 days. Southwest Airlines has a market cap of $19.7 billion and is part of the services sector and transportation industry. The stock has a beta of 0.82 and a short float of 2.4% with 3.06 days to cover. Shares are up 55.3% year-to-date as of the close of trading on Wednesday.

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