On May 23, 2023, Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) opened at $10.22, lower -0.29% from the last session. During the day, the shares moved up to $10.435 and dropped to $10.17 before settling in for the closing price of $10.24. Price fluctuations for SBS have ranged from $7.24 to $11.71 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 8.60% annually for the last half of the decade. Company’s average yearly earnings per share was noted 35.40% at the time writing. With a float of $338.69 million, this company’s outstanding shares have now reached $683.51 million.
In an organization with 12211 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +34.06, operating margin of +20.88, and the pretax margin is +19.26.
Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Regulated Water industry is another important factor to consider. The insider ownership of Companhia de Saneamento Basico do Estado de Sao Paulo is 41.50%, while institutional ownership is 14.90%.
Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) Performance Highlights and Predictions
This company achieved a net margin of +14.15 while generating a return on equity of 11.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 35.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.71% during the next five years compared to 4.40% growth over the previous five years of trading.
Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) Trading Performance Indicators
Check out the current performance indicators for Companhia de Saneamento Basico do Estado de Sao Paulo (SBS). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.85
Technical Analysis of Companhia de Saneamento Basico do Estado de Sao Paulo (SBS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was inferior than the volume of 1.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.51%. Additionally, its Average True Range was 0.30.
During the past 100 days, Companhia de Saneamento Basico do Estado de Sao Paulo’s (SBS) raw stochastic average was set at 61.54%, which indicates a significant decrease from 67.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.03% in the past 14 days, which was higher than the 39.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.77, while its 200-day Moving Average is $10.14. However, in the short run, Companhia de Saneamento Basico do Estado de Sao Paulo’s stock first resistance to watch stands at $10.37. Second resistance stands at $10.54. The third major resistance level sits at $10.64. If the price goes on to break the first support level at $10.11, it is likely to go to the next support level at $10.01. Assuming the price breaks the second support level, the third support level stands at $9.84.
Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) Key Stats
There are currently 683,510K shares outstanding in the company with a market cap of 7.00 billion. Presently, the company’s annual sales total 4,272 M according to its annual income of 604,590 K. Last quarter, the company’s sales amounted to 1,097 M and its income totaled 143,840 K.
