Avianca Holdings S.A. was a big mover last session, as the company saw its shares rise above 7% on the day. The upside was driven by speculations that the carrier is contemplating the sale of a controlling stake and is likely to receive bids from prospective buyers like Delta Air Lines Inc. (DAL Quick QuoteDAL - Free Report) and United Continental Holdings Inc. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.25 to $6.57 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.      

Avianca Holdings S.A. currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

AVIANCA HOLDNGS Price

 

AVIANCA HOLDNGS Price | AVIANCA HOLDNGS Quote

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