Let’s look at the key reasons that are pushing Sendas Distribuidora S.A. ADR (ASAI) to new highs

Sendas Distribuidora S.A. ADR (NYSE: ASAI) on Friday, plunged -0.95% from the previous trading day, before settling in for the closing price of $6.31. Within the past 52 weeks, ASAI’s price has moved between $5.73 and $15.25.

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Consumer Defensive Sector giant saw their annual sales surged by 16.89% over the last five years. The company achieved an average annual earnings per share of -14.05%.

The firm has a total of 80000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 14.81%, operating margin of 5.08%, and the pretax margin is 0.88%.

Sendas Distribuidora S.A. ADR (ASAI) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.2 earnings per share (EPS) for the period topping the consensus outlook (set at 0.18) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -14.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.17% during the next five years compared to -20.91% drop over the previous five years of trading.

Sendas Distribuidora S.A. ADR (NYSE: ASAI) Trading Performance Indicators

Sendas Distribuidora S.A. ADR (ASAI) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 64.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.49, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.66 in one year’s time.

Technical Analysis of Sendas Distribuidora S.A. ADR (ASAI)

Analysing the last 5-days average volume posted by the [Sendas Distribuidora S.A. ADR, ASAI], we can find that recorded value of 0.64 million was better than the volume posted last year of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 75.11%. Additionally, its Average True Range was 0.33.

During the past 100 days, Sendas Distribuidora S.A. ADR’s (ASAI) raw stochastic average was set at 8.02%, which indicates a significant decrease from 42.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.97% in the past 14 days, which was higher than the 53.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.79, while its 200-day Moving Average is $11.37. Now, the first resistance to watch is $6.37. This is followed by the second major resistance level at $6.49. The third major resistance level sits at $6.58. If the price goes on to break the first support level at $6.16, it is likely to go to the next support level at $6.07. Now, if the price goes above the second support level, the third support stands at $5.95.

Sendas Distribuidora S.A. ADR (NYSE: ASAI) Key Stats

Market capitalization of the company is 1.69 billion based on 270,367K outstanding shares. Right now, sales total 13,321 M and income totals 142,210 K. The company made 3,424 M in profit during its latest quarter, and 23,570 K in sales during its previous quarter.