Azul S.A. ADR (NYSE: AZUL) is -75.75% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $11.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AZUL stock was last observed hovering at around $2.61 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $2.35, the stock is -11.59% and -19.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing -9.96% at the moment leaves the stock -51.35% off its SMA200. AZUL registered -77.98% loss for a year compared to 6-month loss of -56.88%. The firm has a 50-day simple moving average (SMA 50) of $2.9326 and a 200-day simple moving average (SMA200) of $4.8296.
The stock witnessed a -21.40% gain in the last 1 month and extending the period to 3 months gives it a -16.37%, and is -6.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.69% over the week and 6.08% over the month.
Azul S.A. ADR (AZUL) has around 15248 employees, a market worth around $262.80M and $3.66B in sales. Profit margin for the company is -25.46%. Distance from 52-week low is 16.63% and -78.86% from its 52-week high.
The EPS is expected to shrink by -824.31% this year.
Azul S.A. ADR (AZUL) Top Institutional Holders
The shares outstanding are 111.75M, and float is at 111.73M with Short Float at 7.28%.
The top institutional shareholder in the company is FRONTIER CAPITAL MANAGEMENT CO LLC with over 8.09 million shares valued at $32.38 million. The investor’s holdings represent 6.9891% of the AZUL Shares outstanding. As of 2024-06-30, the second largest holder is LONG FOCUS CAPITAL MANAGEMENT, LLC with 4.45 million shares valued at $17.82 million to account for 3.8458 of the shares outstanding. The other top investors are SCHONFELD STRATEGIC ADVISORS LLC which holds 2.93 million shares representing 2.5293% and valued at over $11.72 million, while OAKTREE CAPITAL MANAGEMENT LP holds 2.1118 of the shares totaling 2.45 million with a market value of $9.78 million.
Azul S.A. ADR (AZUL) Insider Activity
#####