Pricing

Today, we analyze the stock of Air Arabia PJSC. The current price of Air Arabia PJSC stands at 2.75, showing a 1-day change of 0.01 and a 1-day return of 0.37%. The trading volume for the stock is 2,244,370. Over the past week, the stock has seen a return of 1.48%, while over the course of the month, the return has also been 1.48%. Looking at the historical returns, we see a positive trend of 19.05% over 3 months. However, on a year-to-date basis, the return is -1.08%.

The stock is currently experiencing a price rally, trading upward for the last day. The close price compared to the open price shows a bullish sentiment with a 0.36% increase. On the other hand, the close price compared to the low price indicates a bullish sentiment with a 1.10% increase. The 1-month high price for Air Arabia PJSC was 2.78, occurring 5 days ago, while the 1-month low price was 2.65, happening 16 days ago. The current price is -1.08% compared to the 1-month high and 3.77% compared to the 1-month low.

The 52-week high price for the stock was 3.03, occurring 239 days ago, while the 52-week low price was 2.24, happening 111 days ago. The current price is -9.24% compared to the 52-week high and 22.77% compared to the 52-week low.

Looking at the historical relative volume, we observe ratios of 0.93x for 1-week, 0.89x for 1-month, 0.64x for 3-months, 0.60x for 6-months, 0.58x year-to-date, and 0.61x for 1-year.

Fundamentals - TTM

Switching gears to the fundamental analysis, the MarketCap for Air Arabia PJSC is 12,740,091,000. The net income per share is 0.30, with a Price/Earning Ratio of 9.25. The Dividend Yield stands at 0.07%. The company's working capital is 1,451,722,000, while the total assets amount to 14,742,709,000. The total liabilities are recorded at 7,500,682,000. Total revenue for the period is reported at 6,372,188,000, with EBIT at 1,308,655,999. The Altman Z-Score is calculated at 1.98.

Technical Indicators

Looking at the technical indicators, we see positive trends for Air Arabia PJSC. The stock shows upward momentum with SMA10 > SMA20, SMA10 > SMA20 > SMA50, and SMA10 > SMA20 > SMA50 > SMA100. However, it falls short of a long-term upward trend with SMA10 > SMA20 > SMA50 > SMA100 > SMA200. The current signals for Simple Moving Averages are all indicating a BUY, with the close price performing positively against the different SMAs.