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Stock Investors Bid Up Shares of US Airways Group, Up 1.8%

Published on Mon, 03/04/2013 - 13:32
By Peter Chu

US Airways Group (NYSE:LCC) is a company whose shares are active, trading 1.8% higher to $13.86. The S&P is currently trading 0.3% lower to 1,514 and the Dow Jones Industrial Average is trading 0.3% lower to 14,044.

Over the past year, US Airways Group has traded in a range of $6.78 to $15.64 and is now at $13.86, 104% above that low. The 200-day and 50-day moving averages have moved 0.47% higher and 0.36% higher over the past week, respectively.

US Airways Group, Inc. is an air carrier that transports passengers, property, and mail. The Company provides regularly scheduled service at airports in the United States, Canada, Europe, the Caribbean, and Latin America.

US Airways Group has overhead space with shares priced $13.86, or 30.9% below the average consensus analyst price target of $20.04. The stock should hit resistance at its 50-day moving average (MA) of $14.13, as well as support at its 200-day MA of $12.42.

By Peter Chu
pchu@fnno.com

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