United Continental Holdings Inc. (UAL) stock outlook 2012

United Continental Holdings Inc. (UAL) stock outlook 2012 : United Continental Holdings Inc. (UAL) shares are trading at $20.64. United is a major global airline. The 50-day moving average is $18.99 and the 200-day moving average is $20.89. The shares have traded in a range between $15.51 to $27.72 in the past 52 weeks. UAL is estimated to earn about $3.67 per share in 2011 and $5.31 in 2012.

This puts the PE ratio at ridiculously low levels, just about 5 times 2011 earnings, and less than 5 times earnings for 2012. Book value is listed at $6.99 per share. Higher oil prices and economic concerns have been impacting airline stocks, but now the price of oil is dropping and that is great for profit margins at any airline.For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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