Virgin Australia Holdings Ltd Downgraded by Bell Potter to “Hold” (VAH)
Virgin Australia Holdings Ltd (ASX:VAH) was downgraded by equities research analysts at Bell Potter from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday, AR Network reports.
Shares of Virgin Australia Holdings Ltd (ASX:VAH) traded up 1.47% during mid-day trading on Friday, hitting A$0.345. 5,542,432 shares of the company’s stock traded hands. Virgin Australia Holdings Ltd has a 52-week low of A$0.340 and a 52-week high of A$0.480. The stock has a 50-day moving average of A$0.37 and a 200-day moving average of A$0.40.
Virgin Australia Holdings Limited (ASX:VAH) is an Australia-based company engaged in the development and operation of domestic and international airlines.
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