Azul S.A. ADR [NYSE: AZUL] closed the trading session at $6.04.
The stocks have a year to date performance of -37.67 percent and weekly performance of -26.70 percent. The stock has been moved at -20.73 percent over the last six months. The stock has performed -24.50 percent around the most recent 30 days and changed -22.76 percent over the most recent 3-months.
If compared to the average trading volume of 1.49M shares, AZUL reached to a volume of 4381629 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Azul S.A. ADR [AZUL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AZUL shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AZUL stock is a recommendation set at 1.92. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
HSBC Securities have made an estimate for Azul S.A. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 22, 2023. While these analysts kept the previous recommendation, Goldman raised their target price from $14.90 to $18.30. The new note on the price target was released on September 20, 2023, representing the official price target for Azul S.A. ADR stock. Previously, the target price had yet another raise from $8 to $14, while Barclays kept a Equal Weight rating on AZUL stock. On May 22, 2023, analysts increased their price target for AZUL shares from 6.90 to 11.
The Average True Range (ATR) for Azul S.A. ADR is set at 0.43, with the Price to Sales ratio for AZUL stock in the period of the last 12 months amounting to 0.18. Price to Free Cash Flow for AZUL in the course of the last twelve months was 1.13 with Quick ratio for the last quarter at 0.27.
AZUL stock trade performance evaluation
Azul S.A. ADR [AZUL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -26.70. With this latest performance, AZUL shares dropped by -24.50% in over the last four-week period, additionally sinking by -20.73% over the last 6 months – not to mention a drop of -14.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AZUL stock in for the last two-week period is set at 28.59, with the RSI for the last a single of trading hit 22.16, and the three-weeks RSI is set at 33.11 for Azul S.A. ADR [AZUL]. The present Moving Average for the last 50 days of trading for this stock 7.58, while it was recorded at 6.75 for the last single week of trading, and 8.92 for the last 200 days.
Azul S.A. ADR [AZUL]: An insightful look at the core fundamentals
Azul S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.27 and a Current Ratio set at 0.34.
Azul S.A. ADR [AZUL]: Institutional Ownership
The top three institutional holders of AZUL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AZUL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AZUL stock with ownership which is approximately 5.8386%.
