Home / Street Sector / Diverse Stocks in Expert’s Opinion: American Airlines (NASDAQ:AAL), Diana Containerships (DCIX)

Diverse Stocks in Expert’s Opinion: American Airlines (NASDAQ:AAL), Diana Containerships (DCIX)

Several matter pinch shares of American Airlines Group Inc. (NASDAQ:AAL) [Trend Analysis], as shares moving up 0.94% to $46.26 with a share volume of 7.79 Million. American Airlines pilots in Fort Worth called for a dramatic mid-contract pay raise to close or at least narrow a compensation gap among American and other major carriers. Fort Worth-based American Airlines (Nasdaq: AAL) pilots are falling far behind their peers in pay rates and can’t wait until their contract is amendable in 2020 to negotiate, Capt. Daniel Carey, president of the Allied Pilots Association, stated in a press briefing at the union’s headquarters in Fort Worth. He called the pilots’ current accord a “bankruptcy contract” borne out of desperation.

“We feel like we’re not getting the attention we deserve from senior management. We’re getting relegated to labor relations,” Carey stated. “We’re patient, but the relationship has to change.” Carey stated that American Airlines CEO Doug Parker called him to congratulate him following him recently won election as president of the union, but he hasn’t heard much from Parker or other senior management since. The stock is going forward its 52-week low with 87.19% and moving down from its 52-week high price with 0.62%. To have technical analysis views, liquidity ratio of a firm was calculated 0.80 as evaluated with its debt to equity ratio of 5.32. The float short ratio was 7.02%, as compared to sentiment indicator; Short Ratio was 4.58.

Shares of Diana Containerships Inc. (NASDAQ:DCIX) [Trend Analysis] runs in leading trade, it moving up 29.63% to traded at $5.25. The firm has price volatility of 168.08% for a week and 44.97% for a month. Its beta stands at 1.91 times. Diana Containerships Inc. (DCIX) reported that its a net loss of $126.8 million for the third quarter of 2016 as compared to a net loss of $9.1 million for the respective period of 2015. The loss for the third quarter of 2016 was mainly the result of $118.9 million of impairment charges for seven of the Firm’s vessels, without which the result for the quarter would have been a net loss of $7.9 million.

Time charter incomes, net of prepaid charter income amortization, were $8.0 million for the third quarter of 2016 as compared to $16.1 million for the same period of 2015, mainly due to reduced employment opportunities and time charter rates. Net loss for the nine months ended September 30, 2016 amounted to $140.6 million as compared to a net loss of $8.7 million for the same period of 2015.

The loss for the nine month period ended September 30, 2016, was mainly the result of $118.9 million of impairment charges for seven of the Firm’s vessels, without which the result for the period would have been a net loss of $21.7 million. Narrow down four to firm performance, its weekly performance was 128.26% and monthly performance was 87.50%. The stock price of DCIX is moving up from its 20 days moving average with 64.74% and isolated positively from 50 days moving average with 61.39%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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