A week ago, Wolfe Trahan downgraded Allegiant Travel from Outperform to Peer Perform. The stock closed at $89.13, which is 3.3% higher than the price one week ago ($86.26).
In the past 52 weeks, Allegiant Travel share prices have been bracketed by a low of $57.75 and a high of $89.46 and are now at $89.04, 54% above that low price. The 200-day and 50-day moving averages have moved 0.37% higher and 0.98% higher over the past week, respectively.
Allegiant Travel Company is a leisure travel company. The Company operates a passenger airline marketed to leisure travelers in small cities.
Allegiant Travel (NASDAQ:ALGT) defies analysts with a current price ($89.04) 5.6% above its average consensus price target of $84.09. Allegiant Travel shares have support at the 50-day moving average (MA) of $83.48 and additional support at the 200-day MA of $73.90.