Delta Air Lines Inc. is a Atlanta-based Delta Air Lines is one of the world’s largest airlines, with a network of over 300 destinations in more than 50 countries.
Among the biggest risers on the S&P 500 on Tuesday February 23 was Delta Air Lines Inc. ($DAL), popping some 1.26% to a price of $48.34 a share with some 19.07 million shares trading hands.
Starting the day trading at $48.13, Delta Air Lines Inc. reached an intraday high of $48.88 and hit intraday lows of $45.70. Shares gained $0.6 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 638.15 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $17.52 to $55.38.
Atlanta-based Delta Air Lines is one of the world’s largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta’s sale of frequent flier miles, particularly to American Express, is a major driver of the firm’s profits.
Delta Air Lines Inc. has its corporate headquarters located in Atlanta, GA and employs 74,000 people. Its market cap has now risen to $30.85 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 20.14, and P/FCF n/a.