RYAAY Stock Summary and Trading Ideas (Ryanair Hldgs | NASDAQ:RYAAY)

Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

Ryanair Hldgs trades on the NASDAQ stock market under the symbol RYAAY.

As of April 17, 2024, RYAAY stock price climbed to $136.35 with 439,731 million shares trading.

RYAAY has a beta of 0.98, meaning it tends to be less sensitive to market movements. RYAAY has a correlation of 0.19 to the broad based SPY ETF.

RYAAY has a market cap of $31.08 billion. This is considered a Large Cap stock.

Last quarter Ryanair Hldgs reported $3 billion in Revenue and $.07 earnings per share. This fell short of revenue expectation by $-35 million and missed earnings estimates by -$.29.

In the last 3 years, RYAAY stock traded as high as $150.73 and as low as $55.90.

The top ETF exchange traded funds that RYAAY belongs to (by Net Assets): CGGR, CGGO, EIRL, SPDW, JETS.

RYAAY has outperformed the market in the last year with a return of +47.0%, while the SPY ETF gained +22.5%. In the last 3 month period, RYAAY beat the market returning +11.0%, while SPY returned +6.3%. However, in the most recent 2 weeks RYAAY has underperformed the stock market by returning -6.8%, while SPY returned -3.6%.

RYAAY support price is $133.29 and resistance is $138.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RYAAY stock will trade within this expected range on the day.