|Bid||6.60 x 900|
|Ask||6.61 x 800|
|Day's range||6.52 - 6.79|
|52-week range||3.82 - 16.89|
|Beta (5Y monthly)||1.49|
|PE ratio (TTM)||N/A|
|Earnings date||08 May 2023 - 12 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.42|
The travel market in Brazil has taken longer to recover from the pandemic than in other parts of the world, but investors are warming to the idea that the worst is finally over. Shares of Azul (NYSE: AZUL), one of the nation's largest airlines, traded up as much as 5% on Monday after the stock was upgraded by UBS. The airline industry was hit hard by the pandemic, and Latin American airlines have had more trouble than most.
AZUL's financial results seem to be influenced by improved air travel demand but fuel prices and liquidity remain key concerns.
Azul (AZUL) fourth-quarter 2022 revenues benefit from buoyant travel demand.