What Does Stochastic %K say about Spirit Airlines, Inc. (NASDAQ:SAVE)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Spirit Airlines, Inc. (NASDAQ:SAVE) for the period of 9-Day stands at 16.68% while the stochastic %D for the same period stands at 14.73%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Spirit Airlines, Inc. (NASDAQ:SAVE) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Spirit Airlines, Inc. (NASDAQ:SAVE) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Spirit Airlines, Inc. (NASDAQ:SAVE)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Spirit Airlines Inc. operates an airline based in Fort Lauderdale providing travel opportunity principally to and from South Florida, the Caribbean and Latin America. Spirit Airlines Inc. is based in Miramar, Florida.

Previous Day Activity Analysis

On the last trading day, Spirit Airlines, Inc. (NASDAQ:SAVE) opened the session at $45.19 and after going up 0.83% closed at $43.59. The stock lost -1.6 points in the last trade.

Spirit Airlines, Inc. (NASDAQ:SAVE)’s stock fluctuated in the range of $43.36 and $45.19 during the previous active session. Spirit Airlines, Inc. (NASDAQ:SAVE) traded with the volume of 1.75 Million with average volume of 1.59 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0.69 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.23 and 55 respectively.

Currently the Insider Ownership of the shares of Spirit Airlines, Inc. (NASDAQ:SAVE) is at 0.1% and the shares outstanding are 69.17 Million.

Important Ratio Analysis

Some important ratios to consider here for Spirit Airlines, Inc. (NASDAQ:SAVE) are discussed below:

Price to Earnings P/E ratio stands at 13.86 while Forward P/E shows the value of 13.27.

The PEG ratio (Price to Earning to Growth) emits the value of 3.58. The Price to Sale P/S and Price to Book P/B shows the value of 1.18 and 1.93 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.13 and 0 correspondingly.

The Quick Ratio of Spirit Airlines, Inc. (NASDAQ:SAVE) stands at 1.9 while the Current Ratio depicts the value of 1.9.

Return on Assets ROA of Spirit Airlines, Inc. (NASDAQ:SAVE) is at 6.2% whereas, Return on Equity ROE and Return of Investment ROI of Spirit Airlines, Inc. (NASDAQ:SAVE) stand at 14.8% and 12.2% respectively.

Stock Performance Analysis

The stock performance of Spirit Airlines, Inc. (NASDAQ:SAVE) on the basis of 5 day trade show the dip of -4.41% whereas, the monthly performance of the stock shows increase of 1.63%.

The quarterly performance of the stock remained in green zone with the value of 24.47% while six month performance of the shares of Spirit Airlines, Inc. (NASDAQ:SAVE) remained bearish with the count of -16.62%.

The yearly and YTD performance of Spirit Airlines, Inc. (NASDAQ:SAVE) remained down at -22.34% and -2.81% respectively.