Azul S.A. ADR (NYSE:AZUL) currently has a daily average trading volume of 1.85M but it saw 1476623 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 1.20 while comparing to the previous closing price of $4.17. 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 $4.205 while lowest mark touched by it was $4.39.
Taking a look at 20-day trading activity of Azul S.A. ADR (AZUL) gives us an average price of $4.15, 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 $4.39 while that of 200 days or SMA-200 reads an average of $7.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.38% during that period while stretching the period over a month that increases to 5.44%. 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 48.91 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.
Year-to-date it is -56.45% down and over the past year, the stock is showing a downside performance of -55.06%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.64 beaten by the consensus estimate of 0.05 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-14, for which analysts forecasted an EPS of -0.19 while estimate for next year EPS is -1.57. 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 $3.63B and seeing the company making $4.06B in sales next year. Moreover, analysts are in estimates of $932.23M for current-quarter revenue.
Currently, Azul S.A. ADR’s total number of outstanding shares is 111.75M with 0.00% of that held by the insiders while 25.11% of its common stock has been owned by the institutions. 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.
