Stock News Buzz: Hawaiian Holdings (NASDAQ:HA)

Hawaiian Holdings (NASDAQ:HA) changed 5.44% to recent value of $11.82. The stock transacted 1814252 shares during most recent day however it has an average volume of 1.28M shares. It spotted trading -62.28% off 52-week high price. On the other end, the stock has been noted 56.56% away from the low price over the last 52-weeks.

On April 9, 2020, Hawaiian Holdings (NASDAQ:HA) reported that it saw sharp declines in its system-wide traffic statistics in March 2020 as government mandated restrictions on travel in response to the COVID-19 pandemic became more numerous.

Demand declines that began with U.S. government restrictions on Chinese arrivals in late January accelerated in mid-March, when governments in Australia, New Zealand, Tahiti, American Samoa and Hawai’i instituted requirements of self-isolation or quarantine for incoming arrivals. Hawaiian Airlines has responded to the diminishing demand by reducing its scheduled service systemwide by 95 percent through April 2020.

The table below summarizes March and year-to-date statistics compared to the respective prior-year periods. In light of Hawaiian’s substantially reduced schedule in April and likelihood of similar reductions in May, Hawaiian emphasized that the results shown below should not be construed as indicative of future results.

HA has a gross margin of 27.30% and an operating margin of 11.60% while its profit margin remained 7.90% for the last 12 months. Its earnings per share (EPS) expected to touch remained 6.20% for this year while earning per share for the next 5-years is expected to reach at -6.15%.

The company has 46.00M of outstanding shares and 44.93M shares were floated in the market. According to the most recent quarter its current ratio was 0.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 10.00% from the mean of 20 days, -37.79% from mean of 50 days SMA and performed -53.94% from mean of 200 days price. Company’s performance for the week was 23.77%, -24.90% for month and YTD performance remained -59.64%.

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