Azul S.A. ADR [AZUL] fell -71.00% so far this year. What now?

Azul S.A. ADR [NYSE: AZUL] loss -3.44% or -0.1 points to close at $2.81 with a heavy trading volume of 5380267 shares.

The daily chart for AZUL points out that the company has recorded -62.13% loss over the past six months.

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If we look at the average trading volume of 2.02M shares, AZUL reached to a volume of 5380267 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $7.64 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 2.23. 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.

JP Morgan have made an estimate for Azul S.A. ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 10, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $18 to $9.50. The new note on the price target was released on April 18, 2024, representing the official price target for Azul S.A. ADR stock. Previously, the target price had yet another raise to $12.30, while HSBC Securities analysts kept a Buy rating on AZUL stock. On September 20, 2023, analysts increased their price target for AZUL shares from 14.90 to 18.30.

The Average True Range (ATR) for Azul S.A. ADR is set at 0.30, with the Price to Sales ratio for AZUL stock in the period of the last 12 months amounting to 0.08. Price to Free Cash Flow for AZUL in the course of the last twelve months was 0.74 with Quick ratio for the last quarter at 0.22.

Trading performance analysis for AZUL stock

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 -31.63. With this latest performance, AZUL shares dropped by -31.13% in over the last four-week period, additionally sinking by -62.13% over the last 6 months – not to mention a drop of -69.52% 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 26.31, with the RSI for the last a single of trading hit 19.83, and the three-weeks RSI is set at 30.51 for Azul S.A. ADR [AZUL]. The present Moving Average for the last 50 days of trading for this stock 4.21, while it was recorded at 3.53 for the last single week of trading, and 6.82 for the last 200 days.

Azul S.A. ADR [AZUL]: A deeper dive into fundamental analysis

Azul S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.22 and a Current Ratio set at 0.28.

An analysis of Institutional ownership at Azul S.A. ADR [AZUL]

The top three institutional holders of AZUL stocks are: FRONTIER CAPITAL MANAGEMENT CO LLC with ownership of 8.09 million shares, which is approximately 6.9891%. LONG FOCUS CAPITAL MANAGEMENT, LLC, holding 4.45 million shares of the stock with an approximate value of $$17.82 million in AZUL stocks shares; and LONG FOCUS CAPITAL MANAGEMENT, LLC, currently with $$11.72 million in AZUL stock with ownership which is approximately 2.5293%.