Promising Airline Stocks To Follow Today - March 1st

On March 1st, there are three prominent airline stocks to keep an eye on: United Airlines, RTX, and American Airlines Group. These companies’ stocks are highlighted by MarketBeat's stock screener tool, which identifies those with significant trading volumes in the aviation sector.

Airline stocks represent shares in companies that provide air transportation services and are publicly traded on stock exchanges. The value of these stocks can be influenced by a variety of factors, including fuel prices, economic trends, regulatory changes, and the overall demand for travel.

United Airlines (UAL)

United Airlines Holdings, Inc. is a major airline that offers air transportation services across various continents including North America, Asia, Europe, and beyond. Through its subsidiaries, the company provides passenger and cargo transport as well as additional services like catering and flight training.

On Friday, shares of UAL increased by $1.64 to reach a price of $93.81. Trading volume was significantly higher than average, with over 10.6 million shares traded compared to its usual volume of around 6.7 million. United Airlines has a market capitalization of approximately $30.85 billion, a price-to-earnings ratio of 9.95, and a P/E/G ratio of 0.67. The stock has fluctuated between a low of $37.02 and a high of $116.00 over the past year.

RTX (RTX)

RTX Corporation operates in the aerospace and defense sectors, supplying systems and services to both commercial and military customers. Its divisions include Collins Aerospace, Pratt & Whitney, and Raytheon, which provide a range of products and solutions for aviation.

RTX shares rose by $2.50, bringing the stock price to $133.02 during trading on Friday. The trading volume for the day was approximately 7.5 million shares, above the average of nearly 4.9 million. The company has a significant market cap of around $177.19 billion and a price-to-earnings ratio of 37.47. RTX has seen a low of $88.95 and a high of $133.09 over the past year.

American Airlines Group (AAL)

American Airlines Group Inc. is another key player in the airline industry, managing an extensive network of scheduled air transportation services for passengers and cargo. Their operations are based on major hubs across the United States and various international destinations.

In Friday's trading, shares of AAL dipped by $0.18, settling at $14.36. Over 49.7 million shares exchanged hands, a significant increase from its average trading volume of approximately 34.5 million. The market cap for American Airlines Group stands at about $9.44 billion with a P/E ratio of 12.59, and the stock has seen a yearly range between $9.07 and $19.10.

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