Controladora Vuela Co Avcn SA CV (NYSE:VLRS) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Zacks Investment Research has upgraded Controladora Vuela Co Avcn SA CV (NYSE:VLRS) to Hold in a statement released on Tuesday October 11, 2016.
Having a price of $18.14, Controladora Vuela Co Avcn SA CV (NYSE:VLRS) traded -0.38% lower on the day. With the last close down -4.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Controladora Vuela Co Avcn SA CV has recorded a 50-day average of $17.63 and a two hundred day average of $18.94. Volume of trade was down over the average, with 152,630 shares of VLRS changing hands under the typical 268,383
With a total market value of $0, Controladora Vuela Co Avcn SA CV has price-earnings ratio of 10.55 with a one year low of $15.06 and a one year high of $21.90 .
A total of 10 analysts have released a report on Controladora Vuela Co Avcn SA CV. One analyst rating the company a strong buy, six analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $22.93.
More About Controladora Vuela Co Avcn SA CV (NYSE:VLRS)
Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier airline. Controladora Vuela Compania de Aviacion SAB de CV offers direct, point-to-point flights. The Company serves through secondary, lower cost airports and provides a single class of service. The Company utilizes such aircraft as the Airbus A319 and A320 families, among others. The Company has such subsidiaries as Comercializadora Volaris SA de CV, Servicios Corporativos Volaris SA de CV, Concesionaria Vuela Compania de Aviacion SAPI de CV, Deutsche Bank Mexico SA Trust 1484, among others.
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