Virgin share price (ASX:VAH) | How to buy Virgin Australia shares


Virgin Australia share priceQuick statsFull name: Virgin Australia Holdings LtdASX ticker code: ASX:VAHIndustry: AirlinesDate listed on ASX: 08/12/2003Market cap: $700.95mCEO: Mr Paul ScurrahKey competitors: Qantas, Jetstar, Air New Zealand, DeltaCompanies: Virgin Australia Domestic + International, Velocity, TigerairAbout Virgin AustraliaVirgin Australia Holdings (VAH) is a domestic and international airline that was founded by Virgin Group’s CEO Richard Branson. It operates both domestic and international routes within Australia, the Trans-Pacific, Abu Dhabi, the Trans-Tasman, the Pacific Islands and South East Asia. Virgin Australia also owns Virgin’s Velocity deals loyalty program and TigerAir Australia.Virgin Australia stock profileVirgin Australia Holdings was listed in 2003 on the ASX and is an airline industry stock. Although originally a wholly owned subsidiary of Branson’s Virgin Group, its majority shareholders by late 2019 comprised of Etihad Airways, Singapore Airlines, Nanshan Capital Holdings, HNA Group and the Virgin Group. Around 10% of shares are held by public shareholders.ProsShare price. Virgin Australia has seen its share price plummet to record lows since the coronavirus pandemic. If the company pulls through the crisis, its share price could be a bargain at current prices (March 2020).Brand power. Virgin Group is a well-known global household brand with segments spanning travel, financial services, space exploration, health music and entertainment.ConsCOVID-19. All airlines are taking an enormous financial hit thanks to the pandemic, there are concerns that many will not recover.Dividend. The company not paid a dividend to date since its listing.Tight margins. Airline companies are known for having tight margins that are impacted by global crises, weather and high competition.Financials. In 2019 it reported its seventh consecutive annual profit loss, maintaining a high debt-to-profit ratio.Should I buy Virgin Australia shares?Technical analysis is used in finance to forecast the direction of prices by studying the past movements of markets. This is not a recommendation, it represents an analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

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