Controladora Vuela Co Avcn SA CV (ADR) (VLRS) Just Reaches 52-Week Low?

October 13, 2017 - By Nellie Frank

The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) hit a new 52-week low and has $10.41 target or 8.00 % below today’s $11.31 share price. The 6 months bearish chart indicates high risk for the $995.19 million company. The 1-year low was reported on Oct, 13 by Barchart.com. If the $10.41 price target is reached, the company will be worth $79.62M 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.

About 379,456 shares traded or 2.34% up from the average. Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has declined 33.79% since October 13, 2016 and is downtrending. It has underperformed by 50.49% the S&P500.

Analysts expect Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) to report $0.22 EPS on October, 25.They anticipate $0.29 EPS change or 56.86 % from last quarter’s $0.51 EPS. VLRS’s profit would be $19.35 million giving it 12.86 P/E if the $0.22 EPS is correct. After having $-0.29 EPS previously, Controladora Vuela Co Avcn SA CV (ADR)’s analysts see -175.86 % EPS growth.

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

Among 8 analysts covering Controladora Vuela Companía de Aviacion S.A.B. de C.V. (NYSE:VLRS), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Controladora Vuela Companía de Aviacion S.A.B. de C.V. had 18 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Imperial Capital on Thursday, June 29 with “Outperform”. The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has “Equal-Weight” rating given on Tuesday, February 21 by Morgan Stanley. The company was maintained on Monday, September 11 by Cowen & Co. The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has “Equal-Weight” rating given on Tuesday, April 19 by Morgan Stanley. The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has “Outperform” rating given on Tuesday, February 21 by Cowen & Co. Cowen & Co maintained Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) on Tuesday, October 20 with “Outperform” rating. The company was upgraded on Thursday, October 13 by Barclays Capital. The rating was upgraded by Cowen & Co to “Outperform” on Friday, October 28. The rating was maintained by Cowen & Co with “Buy” on Monday, August 7. The firm has “Hold” rating given on Thursday, April 6 by HSBC.

Controladora Vuela Compania de Aviacion SAB de CV is a Mexico firm engaged in the airline passenger transportation sector. The company has market cap of $995.19 million. The Firm operates as an ultra-low-cost carrier . It has a 211.53 P/E ratio. The Company’s activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).

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