(VIANEWS) – Shares of Delta Air Lines (NYSE: DAL) rose by a staggering 29.79% in 21 sessions from $35.89 to $46.58 at 14:48 EST on Wednesday, after two sequential sessions in a row of gains. NYSE is dropping 0.35% to $15,592.64, after two sequential sessions in a row of gains.
Delta Air Lines’s last close was $46.09, 6.79% higher than its 52-week high of $43.16.
About Delta Air Lines
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,250 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Delta Air Lines has a trailing twelve months EPS of $2.97.
PE Ratio
Delta Air Lines has a trailing twelve months price to earnings ratio of 15.68. Meaning, the purchaser of the share is investing $15.68 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 40.97%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 13, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 0.93%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Delta Air Lines’s stock is considered to be oversold (<=20).
Yearly Top and Bottom Value
Delta Air Lines’s stock is valued at $46.58 at 14:48 EST, above its 52-week high of $43.16.
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