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Zacks Investment Research downgraded Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) to Sell in a report released today.

Just yesterday Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) traded 0.99% higher at $17.28. Controladora Vuela Co Avcn SA CV (ADR)’s 50-day moving average is $17.77 and its 200-day moving average is $19.08. The last stock price is down -8.87% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,062,605 shares of VLRS traded hands, up from an average trading volume of 279,294

Zacks Investment Research has downgraded Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) to Sell in a report released on Wednesday September 28, 2016.

Previously on 9/8/2016, Morgan Stanley released a statement about Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) increased the target price from $22.10 to $23.00. At the time, this indicated a possible upside of 0.26%.

Recent Performance Chart

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

Controladora Vuela Co Avcn SA CV (ADR) has 52 week low of $14.52 and a 52 week high of $21.90 with a PE ratio of 10.23 and has a market capitalization of $0.

Also covering Controladora Vuela Co Avcn SA CV (ADR)'s price target, a total of 10 brokers have issued a research note on Controladora Vuela Co Avcn SA CV (ADR). The 12-month price target is $22.93 with 1 firm rating the stock a strong buy, 6 equity analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally 0 firms rating the stock a sell.

About Controladora Vuela Co Avcn SA CV (ADR) (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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