Price Action Alert: Is Controladora Vuela Co Avcn SA CV (ADR)’s Fuel Running Low? The Stock Reaches 1 Year Low Today

Price Action Alert: Is Controladora Vuela Co Avcn SA CV (ADR)'s Fuel Running Low? The Stock Reaches 1 Year Low Today

The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) hit a new 52-week low and has $14.02 target or 6.00% below today’s $14.92 share price. The 5 months bearish chart indicates high risk for the $26.04B company. The 1-year low was reported on Nov, 24 by Barchart.com. If the $14.02 price target is reached, the company will be worth $1.56B less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 2.16% or $0.33 on November 23, hitting $14.92. About 244,095 shares traded hands. Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has declined 28.51% since April 22, 2016 and is downtrending. It has underperformed by 33.92% the S&P500.

Analysts await Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) to report earnings on February, 27. They expect $0.28 EPS, down 26.32% or $0.10 from last year’s $0.38 per share. VLRS’s profit will be $488.69M for 13.32 P/E if the $0.28 EPS becomes a reality. After $0.51 actual EPS reported by Controladora Vuela Co Avcn SA CV (ADR) for the previous quarter, Wall Street now forecasts -45.10% negative EPS growth.

Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) Ratings Coverage

Out of 5 analysts covering Controladora Vuela Companía de Aviacion S.A.B. de C.V. (NYSE:VLRS), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Controladora Vuela Companía de Aviacion S.A.B. de C.V. has been the topic of 9 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Cowen & Co maintained Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) rating on Tuesday, October 20. Cowen & Co has “Outperform” rating and $20 price target. The rating was upgraded by Barclays Capital to “Overweight” on Thursday, October 13. The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) earned “Outperform” rating by Cowen & Co on Friday, October 28. Morgan Stanley maintained it with “Equal-Weight” rating and $24 target price in Tuesday, April 19 report.

According to Zacks Investment Research, “Controladora Vuela Compania de Aviacion, S.A.B. de C.V. provides aircraft transportation services. The company offers general cargo shipments, priority shipments of live animals, fresh food and flowers, medicines and perishable foods, express shipments and transportation of human remains after the loss of a loved one. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is based in Santa Fe, Mexico.”

Another recent and important Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) news was published by Benzinga.com which published an article titled: “Morgan Stanley Is More Positive On LatAm Airlines” on September 08, 2016.

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