It’s Not A Fantasy To Think That Azul S.A. ADR (AZUL) Has Big Future Potential

Azul S.A. ADR (NYSE:AZUL) currently has a daily average trading volume of 2.17M but it saw 3770109 shares traded in last market. With a market cap of 285.90M USD, the company’s current market price of $2.56 came rising about 0.79 while comparing to the previous closing price of $2.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.26 and as low as $2.25. In the recent trading on the day, stock has struck highest price mark of $2.4309 while lowest mark touched by it was $2.7.

Taking a look at 20-day trading activity of Azul S.A. ADR (AZUL) gives us an average price of $3.81, while its current price level is -77.26% below from 52-week high level whereas it is 13.78% 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 $4.14 while that of 200 days or SMA-200 reads an average of $6.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.42% during that period while stretching the period over a month that decreases to 7.83%. 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 24.34 which implies that the stock is in oversold 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 -36.00% down while it is -36.00% when we observe its performance for the past one month. Year-to-date it is -73.58% down and over the past year, the stock is showing a downside performance of -71.56%.

Currently, Azul S.A. ADR’s total number of outstanding shares is 111.75M. Stock’s beta reads 1.97. Stock has a price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -33.53% on average.