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Volato Group (NYSEAMERICAN:SOAR) Trading Down 2.9% - Time to Sell?

Volato Group logo with Transportation background

Volato Group, Inc. (NYSEAMERICAN:SOAR - Get Free Report) shares dropped 2.9% during trading on Monday . The stock traded as low as $1.97 and last traded at $1.99. Approximately 20,138 shares changed hands during trading, a decline of 92% from the average daily volume of 265,891 shares. The stock had previously closed at $2.05.

Volato Group Stock Up 1.8 %

The company's fifty day moving average is $2.18 and its two-hundred day moving average is $5.45.

Hedge Funds Weigh In On Volato Group

An institutional investor recently bought a new position in Volato Group stock. Geode Capital Management LLC bought a new position in Volato Group, Inc. (NYSEAMERICAN:SOAR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 105,157 shares of the company's stock, valued at approximately $26,000. Geode Capital Management LLC owned approximately 0.23% of Volato Group at the end of the most recent reporting period.

Volato Group Company Profile

(Get Free Report)

Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.

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