Alaska Air Group (ALK): Today's Post-Market Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Alaska Air Group ( ALK) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Alaska Air Group as such a stock due to the following factors:

  • ALK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $73.7 million.
  • ALK is down 4% today from today's close.

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More details on ALK:

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments. The stock currently has a dividend yield of 1.2%. ALK has a PE ratio of 14. Currently there are 7 analysts that rate Alaska Air Group a buy, 2 analysts rate it a sell, and 3 rate it a hold.

The average volume for Alaska Air Group has been 1.2 million shares per day over the past 30 days. Alaska Air Group has a market cap of $8.5 billion and is part of the services sector and transportation industry. The stock has a beta of 0.98 and a short float of 5.8% with 6.50 days to cover. Shares are up 9.6% year-to-date as of the close of trading on Thursday.

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