Last month’s performance of 46.23% for Azul S.A. (AZUL) is certainly impressive

On May 22, 2023, Azul S.A. (NYSE: AZUL) opened at $8.87, higher 10.71% from the last session. During the day, the shares moved up to $9.6196 and dropped to $8.85 before settling in for the closing price of $8.40. Price fluctuations for AZUL have ranged from $3.82 to $13.81 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 15.70% annually for the last half of the decade. Company’s average yearly earnings per share was noted 83.00% at the time writing. With a float of $111.87 million, this company’s outstanding shares have now reached $120.02 million.

In an organization with 13651 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +10.31, operating margin of +3.62, and the pretax margin is -4.53.

Azul S.A. (AZUL) Latest Financial update

If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.99 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.34) by -$0.65. This company achieved a net margin of -4.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 83.00% per share during the next fiscal year.

Azul S.A. (NYSE: AZUL) Trading Performance Indicators

Check out the current performance indicators for Azul S.A. (AZUL). In the past quarter, the stock posted a quick ratio of 0.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.41, a number that is poised to hit -0.60 in the next quarter and is forecasted to reach 0.49 in one year’s time.

Technical Analysis of Azul S.A. (AZUL)

Let’s dig in a bit further. During the last 5-days, its volume was 3.59 million. That was better than the volume of 3.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.62%. Additionally, its Average True Range was 0.56.

During the past 100 days, Azul S.A.’s (AZUL) raw stochastic average was set at 94.49%, which indicates a significant increase from 90.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.07% in the past 14 days, which was lower than the 96.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.04, while its 200-day Moving Average is $7.52. However, in the short run, Azul S.A.’s stock first resistance to watch stands at $9.66. Second resistance stands at $10.03. The third major resistance level sits at $10.43. If the price goes on to break the first support level at $8.89, it is likely to go to the next support level at $8.49. The third support level lies at $8.12 if the price breaches the second support level.

Azul S.A. (NYSE: AZUL) Key Stats

There are currently 420,882K shares outstanding in the company with a market cap of 1.09 billion. Presently, the company’s annual sales total 3,089 M according to its annual income of -139,920 K. Last quarter, the company’s sales amounted to 845,390 K and its income totaled 198,370 K.