Stock Update: Focusing on Shares of Air Transport Services Group, Inc. (NASDAQ:ATSG)

Watching recent market activity, we have noted that Air Transport Services Group, Inc. (NASDAQ:ATSG) has been moving towards its 52-week high. Investors may be watching how shares respond as they reach this level. At the time of writing, company shares had recently hit 23.68. At this level, shares are noted trading -14.42% away from the 52-week high mark. Investors will be curious to see if the stock can maintain momentum after breaking the 52-week high or if the level is merely breached and there is a pullback. Traders and investors might have to make the decision whether to lock in current profits, or hold on for a further push higher.

Investors may be combing through all the latest earnings reports and trying to make sense of all the numbers. With lots of information readily available, investors may be searching for that next batch of stocks to add to the portfolio. Finding high quality stocks may be at the top of the investor’s checklist. Once high quality stocks are spotted, the investor may be then looking for bargains among those stocks. Many investors will look for stocks that have displayed consistent earnings growth over an extended period of time. When a company drastically over performs for a quarter, investors may be quick to investigate. The same things may be done if a company severely underperforms compared to projections. 

Air Transport Services Group, Inc. (NASDAQ:ATSG) shares currently have a consensus recommendation of 1.70. This rating uses a scale from 1 to 5. A recommendation of 1 or 2 would represent a consensus Buy. A rating of 4 or 5 would indicate a consensus Sell. A rating of 3 would signify a consensus Hold recommendation. Investors often follow the opinions of sell-side analysts offering target prices on the stock. The consensus target price for the stock is presently $27.00.

With the stock nearing 52-week highs, investors may be trying to project the price action over the next few months. Taking a look back at some historical performance numbers for Air Transport Services Group, Inc. (NASDAQ:ATSG), we can see that shares are 0.38% over the last week. For the last month, company shares are 34.85%. For the last quarter, the stock has performed 10.86%. Watching recent volatility levels, we can see that shares have been recorded at 2.30% for the week, and 4.45% for the last month. If we look back year-to-date, the stock has performed 3.81%. Over the past full-year, shares have performed -6.22%.

Investors may also be paying close attention to some simple moving average indicators on shares of Air Transport Services Group, Inc. (NASDAQ:ATSG). The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Recently, company shares have been recorded trading 8.55% away from the 20-day moving average. Pushing out to the 50-day, we can see that shares are currently trading 19.11% off of that number. Zooming out to the 200-day moving average, shares have been trading 11.31% away from that value.

The stock currently has a beta value of 1.01. Beta can be useful to gauge stock price volatility in relation to the broader market. A beta of 1 may show that the stock price moves with the market. A beta under 1 might indicate that the stock is less volatile than the market. A beta over 1 indicates that the stock price is more volatile than the market in theory.

Investors may be analyzing the portfolio as we continue to move closer to the end of the year. Studying first half results may assist to identify trades that panned out, and those that didn’t. Keeping tabs on pervious trade outcomes may be a good way to accurately see what actually happened. It may be necessary to dig a little deeper to try and figure out why certain trades worked, and why others did not. Many investors may feel like they have missed the boat, and they may be wondering if stocks will see increased momentum closing out the year. Attaining comprehensive knowledge of the markets may take years to truly figure out. Combining technical analysis and tracking fundamentals may help the investor see the complete picture and develop confidence for trading into the future. Being able to sift through the endless sea of information may take some perseverance and extreme focus.