AZUL Stock Summary and Trading Ideas (Azul S.A. American Depositary Shares (each representing three preferred shares) | NYSE:AZUL)

Azul SA is primarily involved in air transportation services. The company offers airline passenger and cargo services. It operates daily flights departing from Fort Lauderdale and Orlando also it schedules flights more than 100 destinations through Brazil. The main assets generating revenue of the group are its aircraft, from which revenue is generated in Brazil. Other revenues are basically derived from cargo operations, interest on installment sales, luggage fares, excess luggage, penalties for cancellation of tickets, and all items are directly attributed to air transport services.

Azul S.A. American Depositary Shares (each representing three preferred shares) trades on the NYSE stock market under the symbol AZUL.

As of April 22, 2024, AZUL stock price climbed to $5.87 with 1,440,626 million shares trading.

AZUL has a market cap of $676.77 million. This is considered a Small Cap stock.

Last quarter Azul S.A. American Depositary Shares (each representing three preferred shares) reported $1 billion in Revenue and -$.47 earnings per share. This beat revenue expectation by $29 million and missed earnings estimates by -$.61.

In the last 3 years, AZUL stock traded as high as $29.45 and as low as $3.82.

AZUL has underperformed the market in the last year with a price return of -7.7% while the SPY ETF gained +22.9%. AZUL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.2% and -26.2%, respectively, while the SPY returned +3.7% and -3.7%, respectively.

AZUL support price is $5.53 and resistance is $6.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AZUL stock will trade within this expected range on the day.