Previous close | 2.1600 |
Open | 2.1800 |
Bid | 2.1400 x 4000 |
Ask | 2.1500 x 4000 |
Day's range | 2.0900 - 2.1900 |
52-week range | 2.0150 - 11.2600 |
Volume | |
Avg. volume | 2,455,485 |
Market cap | 248.106M |
Beta (5Y monthly) | 1.84 |
PE ratio (TTM) | N/A |
EPS (TTM) | -3.7600 |
Earnings date | 14 Nov 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 5.58 |
FEAM, AZUL and AIG have been added to the Zacks Rank #5 (Strong Sell) List on September 10, 2024.
(Bloomberg) -- Azul SA shares slumped to a record low Thursday as people familiar with that matter said the Brazilian airline is weighing options from an equity offering to a Chapter 11 filing to address approaching debt obligations. Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urb
SAO PAULO (Reuters) -Azul is not planning on filing for Chapter 11 bankruptcy protection, the Brazilian airline's CEO told Reuters, contradicting reports which caused the carrier's shares to nosedive on Thursday. CEO John Rodgerson said in an interview that Azul was financially healthy and in "friendly negotiations" with its partners, including aircraft lessors, due to the depreciation of Brazil's real. A number of Latin American airlines have undergone Chapter 11 bankruptcy proceedings after the COVID-19 pandemic disrupted travel, including Aeromexico, LATAM Airlines and most recently Azul's direct competitor in Brazil, Gol.