Jefferies Financial Group Initiates Coverage on Virgin Australia (OTCMKTS:VBHLF)

Jefferies Financial Group initiated coverage on shares of Virgin Australia (OTCMKTS:VBHLF) in a research note published on Wednesday morning, The Fly reports. The firm issued a hold rating on the stock.

Shares of VBHLF stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.10. The stock had a trading volume of 2,300 shares, compared to its average volume of 2,675. Virgin Australia has a 52-week low of $0.10 and a 52-week high of $0.15.

Virgin Australia Company Profile

Virgin Australia Holdings Limited engages in the operation of domestic and international passenger and cargo airline business in Australia. The company operates through Virgin Australia Domestic, Virgin Australia International, Velocity, and Tigerair Australia segments. Its aircraft flies to domestic destinations, including regional network, charter, and cargo operations; and international destinations comprising Trans-Pacific, Trans-Tasman, Pacific Island, and South East Asian flying, as well as international cargo operations.

Further Reading: What is diluted earnings per share (Diluted EPS)?

The Fly

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