Air Arabia PJSC Stock Analysis

Pricing

The current price of Air Arabia PJSC stock is 5.48 with a 1-day change of -0.12, resulting in a 1-day return of -2.14%. The trading volume stands at 6,273,298 shares. The stock has shown positive returns over different time frames: 1-week return of 3.97%, 1-month return of 6.08%, 3-month return of 12.94%, 6-month return of 18.70%, year-to-date return of 35.16%, and 1-year return of 42.03%.

The stock is currently not experiencing any price rally and has a close price to open price change of 0.00%, indicating a neutral sentiment. However, the close price to high price change is -0.71%, showing a bearish sentiment, while the close price to low price change is 0.48%, indicating a bullish sentiment. The close price compared to the previous day's open price has increased by 3.46%, reflecting a bullish sentiment.

The 1-month high price was 4.22, recorded 225 days ago, while the 1-month low price was 3.89, recorded 247 days ago. The current price is 29.86% higher than the 1-month high and 40.87% higher than the 1-month low. Similarly, the 52-week high price was 4.22, recorded 225 days ago, and the 52-week low price was 2.91, recorded 590 days ago. The current price is 29.86% higher than the 52-week high and 88.32% higher than the 52-week low.

The historical returns for Air Arabia PJSC stock are as follows: 1-Day -2.14%, 1-Week 3.97%, 1-Month 6.08%, 3-Months 12.94%, 6-Months 18.70%, year-to-date 35.16%, 1-Year 42.03%. The historical relative volume is also positive, indicating increased trading activity over different periods.

Fundamentals - TTM

MarketCap: 25,433,515,000
Net income per share: 0.34
Price/Earning Ratio: 16.42
Dividend Yield: 0.06%
Working Capital: -549,783,000
Total Assets: 18,231,002,000
Total Liabilities: 10,671,067,000
Total Revenue: 7,832,959,000
EBIT: 1,563,490,000
Altman Z-Score: 2.16

Technical Indicators

The technical indicators for Air Arabia PJSC stock suggest a positive outlook. The stock has shown an upward trend in different moving averages: SMA10 > SMA20, SMA10 > SMA20 > SMA50, SMA10 > SMA20 > SMA50 > SMA100, SMA10 > SMA20 > SMA50 > SMA100 > SMA200. However, the upcoming trend SMA10 > SMA50 > SMA20 is yet to be confirmed.

The 5-days Simple Moving Average signal is SELL, the 10-days SMA signal is SELL, while the 20-days SMA signal is BUY. The longer-term moving averages show a BUY signal. The close price compared to different SMAs indicates a positive trend, with the price being above the SMAs for most periods.