Azul S.A. ADR (NYSE: AZUL) is -58.68% lower on its value in year-to-date trading and has touched a low of $0.48 and a high of $6.64 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 $0.76 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $0.69, the stock is -48.26% and -57.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.45 million and changing -9.59% at the moment leaves the stock -72.96% off its SMA200. AZUL registered -88.25% loss for a year compared to 6-month loss of -78.50%. The firm has a 50-day simple moving average (SMA 50) of $1.60606 and a 200-day simple moving average (SMA200) of $2.551715.
The stock witnessed a -57.14% gain in the last 1 month and extending the period to 3 months gives it a -71.60%, and is -38.94% 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 44.22% over the week and 18.73% over the month.
Azul S.A. ADR (AZUL) has around 15367 employees, a market worth around $99.29M and $3.62B in sales. Fwd P/E is 4.26. Profit margin for the company is -46.32%. Distance from 52-week low is 43.75% and -89.61% from its 52-week high.
The EPS is expected to grow by 86.40% this year
71.0 institutions hold shares in Azul S.A. ADR (AZUL), with institutional investors hold 4.71% of the company’s shares. The shares outstanding are 111.83M, and float is at 111.76M with Short Float at 8.32%. Institutions hold 4.71% of the Float.
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.