Breaking Finance News

LATAM Airlines Group SA (ADR) (NYSE:LTM) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded LATAM Airlines Group SA (ADR) (NYSE:LTM) to Sell in a statement released on 5/23/2017.

Boasting a price of $11.04, LATAM Airlines Group SA (ADR) (NYSE:LTM) traded -1.21% lower on the day. With the last stock price close down 8.73% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. LATAM Airlines Group SA (ADR) has recorded a 50-day average of $13.61 and a two hundred day average of $12.39. Volume of trade was down over the average, with 272,112 shares of LTM changing hands under the typical 421,335

Performance Chart

LATAM Airlines Group SA (ADR) (NYSE:LTM)

With a total market value of $0, LATAM Airlines Group SA (ADR) has with a one year low of $8.07 and a one year high of $15.06 .

Brief Synopsis About LATAM Airlines Group SA (ADR) (NYSE:LTM)

LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *