Options Are Looking Quite Attractive: Alaska Air Group, Inc. (ALK), Enbridge Inc. (ENB)

PEDERSEN BRANDON, EXEC VP/FINANCE & CFO, sold 4,026 shares of the Alaska Air Group, Inc. (NYSE:ALK) in an exchange that happened on March 1st. The stock was sold at an average price of $62.00 per share, amounting to a transaction worth $249,612. The sale was made public in a document filed with the SEC. Additionally, EVP & CRO HARRISON ANDREW R sold 4,000 shares of this stock in a transaction that took place on February 21st. The stock was sold at an average price of $62.93 per share, for a total exchange amounting to $251,736. After the transaction, the EVP & CRO HARRISON ANDREW R currently holds 22,167 shares of the company’s stock, which is worth approximately $1230047.

With this stock price’s latest movement, it is now -25.85% away from its 1-year high and 3.33% higher than its 1-year low price. In the past seven days, the stock price volatility for Alaska Air Group, Inc. was 2.68%, whereas its volatility in the past 30 days has been 2.37%. This public company’s stock also has a beta score of 0.84. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Alaska Air Group, Inc. (NYSE:ALK) most recently published its quarterly earnings results. The firm posted $0.75 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.71 by $0.04. The publicly-traded organization reported revenue of $2,064.00 million for the quarter, compared to the average analyst forecast calling for $2,055.44 million, which was surpassing the analyst consensus estimate.

Shares of Alaska Air Group, Inc. (ALK) plunged -0.96%, amounting to a loss of -$0.54 per share, to finish the regular trading session at $55.49 on Thursday 03/14/2019. After beginning the session at $56.16, shares of Alaska Air Group, Inc. reached as high as $56.72 during the day, while hitting a 1-day low of $55.26. Trade volume reached 2,202,736 shares against this stock’s average daily volume of 1.74M shares, with a total float of 122.61M. As a consequence of the price decrease, Alaska Air Group, Inc. now has a current market value of 6.87B.

Enbridge Inc. (NYSE:ENB) added 0.22% to its trading price by the close of the most recent session, jumping from its previous closing price of $36.97 to $37.05. This stock increased in value by 1.62% during the last 7-day period, and experienced a gain of 3.87% over the past 30-day period. In the past three months, this stock’s price grew by 17.66% , and added 7.95% to its price during the last six months of trading. ENB demonstrated a yearly price gain of 12.65% , while its year-to-date (YTD) price performance has been up 19.21% . This stock’s price changed by +28.56% compared to its 90-day low, and moved down -1.70% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the ENB stock as “Hold”. In the short-term, Enbridge Inc. (ENB) has a 20-day average volume of 4,375,260 shares and short-term indicators sets the ENB stock as “ 80% Buy ” on average basis. In the medium-term, ENB stock has a 50-Day average volume of 4,026,666 shares and medium-term indicators gave the average rating of “ 75% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 5,024,668 shares. On average, long-term indicators rated the stock as “67% Buy ”. The overall picture from all short, medium and long-term indicators sets the ENB stock as “72% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on ENB. National Bank Financial, for example, Downgrade its rating on shares of Enbridge Inc. from “Outperform ” to a “ Sector Perform”according to a research note from Monday March 4th, 2019. while giving the stock a “ In-line” from “Outperform ” rating, as stated in a research report from Monday, March 4th, 2019. UBS, on the other hand, Downgrade a from “Buy ” to “ Neutral” rating on this stock in a research note dated Friday, February 8th, 2019.

In other news related to Enbridge Inc. stock, 0.00% shares of ENB held by institutions. The total number of institutions who held the ENB shares was 355, according to most recent SEC filling. During the past quarter, total 169,797,722 shares held by institutions with the net change of -4,906,225 shares. In the meantime, 53 new institutions bought the shares of Enbridge Inc. for the first time and 65 institutions sold all their holdings in the company’s common stock. 171 institutions increased their investment in the ENB stock and 178 institutions decreased their investment in the Enbridge Inc. (ENB)’s stock during the last quarter.