Azul S.A. ADR (NYSE:AZUL) currently has a daily average trading volume of 1.81M but it saw 2917701 shares traded in last market. With a market cap of 471.29M USD, the company’s current market price of $4.22 came rising about 6.03 while comparing to the previous closing price of $3.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.26 and as low as $3.70. In the recent trading on the day, stock has struck highest price mark of $4.02 while lowest mark touched by it was $4.235.
Taking a look at 20-day trading activity of Azul S.A. ADR (AZUL) gives us an average price of $4.19, while its current price level is -62.52% below from 52-week high level whereas it is 14.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.50 while that of 200 days or SMA-200 reads an average of $7.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.58% during that period while stretching the period over a month that decreases to 5.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.35 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on April 18, 2024 while assigning a price target range of $18-$9.50. HSBC Securities issued its recommendations for the stock as it initiated the price target for the stock is $12.30.
Over the week, AZUL’s stock price is moving 3.18% up while it is -16.27% when we observe its performance for the past one month. Year-to-date it is -56.45% down and over the past year, the stock is showing a downside performance of -58.75%.
In next quarter, company is expected to be making quarterly sales of $1.07B as analysts are expecting the sales for current fiscal year at $3.7B and seeing the company making $4.1B in sales next year. Moreover, analysts are in estimates of $953.37M for current-quarter revenue.
Currently, Azul S.A. ADR’s total number of outstanding shares is 111.75M. Stock’s beta reads 1.99. Stock has a price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is -33.53% on average.
