Azul S.A. ADR (NYSE: AZUL) is -82.56% lower on its value in year-to-date trading and has touched a low of $1.90 and a high of $10.37 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 $1.99 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $1.69, the stock is -26.52% and -36.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing -15.08% at the moment leaves the stock -62.38% off its SMA200. AZUL registered -82.83% loss for a year compared to 6-month loss of -60.42%. The firm has a 50-day simple moving average (SMA 50) of $2.7044 and a 200-day simple moving average (SMA200) of $4.52165.
The stock witnessed a -33.98% gain in the last 1 month and extending the period to 3 months gives it a -46.86%, and is -25.55% 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 7.89% over the week and 6.06% over the month.
Azul S.A. ADR (AZUL) has around 15248 employees, a market worth around $188.99M and $3.66B in sales. Profit margin for the company is -25.46%. Distance from 52-week low is -11.05% and -83.70% from its 52-week high.
with sales reaching $5.67B over the same period.The EPS is expected to shrink by -812.61% this year, but quarterly earnings will post 5.35% year-over-year. Quarterly sales are estimated to grow 12.70% in year-over-year returns.
The shares outstanding are 111.83M, and float is at 111.73M with Short Float at 6.35%.
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.
