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Stock Investors Bid Up Shares of Copa Holdings, Up 1.6%

Published on Wed, 03/20/2013 - 12:19
By Peter Chu

Copa Holdings (NYSE:CPA) is one of today's biggest movers, up 1.6% to $114.94. The S&P is currently trading 0.6% higher to 1,557 and the Dow Jones Industrial Average is trading 0.4% higher to 14,513.

There is potential upside of 2.9% for shares of Copa Holdings based on a current price of $114.94 and an average consensus analyst price target of $118.24. Copa Holdings shares have support at the 50-day moving average (MA) of $106.33 and additional support at the 200-day MA of $90.55.

Copa Holdings SA provides international airline passenger and cargo service. The Company provides scheduled flights to countries in North, Central and South America and the Caribbean. The Company also has codeshare arrangements with Continental Airlines.

In the past 52 weeks, shares of Copa Holdings have traded between a low of $72.61 and a high of $115.28 and are now at $114.94, which is 58% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

By Peter Chu