Trading Day Review: Azul S.A. ADR (AZUL) Gains Momentum, Closing at 5.87

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The price of Azul S.A. ADR (NYSE: AZUL) closed at $5.87 in the last session, up 1.56% from day before closing price of $5.78. In other words, the price has increased by $1.56 from its previous closing price. On the day, 1.5 million shares were traded. AZUL stock price reached its highest trading level at $5.97 during the session, while it also had its lowest trading level at $5.735.

Ratios:

We take a closer look at AZUL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on April 18, 2024, Downgraded its rating to Underperform and sets its target price to $9.50 from $18 previously.

On September 22, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $12.30.

Goldman Upgraded its Neutral to Buy on September 20, 2023, whereas the target price for the stock was revised from $14.90 to $18.30.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZUL now has a Market Capitalization of 679657920 and an Enterprise Value of 26458652672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18. Its current Enterprise Value per Revenue stands at 1.426 whereas that against EBITDA is 15.177.

Stock Price History:

Over the past 52 weeks, AZUL has reached a high of $13.86, while it has fallen to a 52-week low of $5.57. The 50-Day Moving Average of the stock is -21.31%, while the 200-Day Moving Average is calculated to be -33.34%.

Shares Statistics:

According to the various share statistics, AZUL traded on average about 1.61M shares per day over the past 3-months and 2908510 shares per day over the past 10 days. A total of 111.75M shares are outstanding, with a floating share count of 111.73M. Shares short for AZUL as of 1711584000 were 3691998 with a Short Ratio of 2.29, compared to 1709164800 on 3907407.

Earnings Estimates

The market rating for Azul S.A. ADR (AZUL) is a result of the insights provided by Azul S.A. analysts actively involved in the assessment.The consensus estimate for the next quarter is $25.20, with high estimates of $5.40 and low estimates of $25.21.

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