New Lifetime High Reached: Allegiant Travel (ALGT)

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

  • ALGT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $10.4 million.
  • ALGT has traded 2,025 shares today.
  • ALGT is trading at a new lifetime high.

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More details on ALGT:

Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of small cities in the United States. ALGT has a PE ratio of 22.7. Currently there are 7 analysts that rate Allegiant Travel a buy, 1 analyst rates it a sell, and 2 rate it a hold.

The average volume for Allegiant Travel has been 105,900 shares per day over the past 30 days. Allegiant Travel has a market cap of $2.2 billion and is part of the services sector and transportation industry. The stock has a beta of 0.07 and a short float of 4.7% with 7.72 days to cover. Shares are up 20.2% year-to-date as of the close of trading on Wednesday.

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