On Friday, Gerdau S.A. ADR (NYSE: GGB) was unchanged from the session before settling in for the closing price of $3.12. A 52-week range for GGB has been $2.92 – $4.13.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 6.28%. When this article was written, the company’s average yearly earnings per share was at -34.30%. With a float of $1.38 billion, this company’s outstanding shares have now reached $1.38 billion.
In terms of profitability, gross margin is 13.98%, operating margin of 10.72%, and the pretax margin is 8.82%.
Gerdau S.A. ADR (GGB) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Gerdau S.A. ADR stocks. The insider ownership of Gerdau S.A. ADR is 0.00%, while institutional ownership is 24.99%.
Gerdau S.A. ADR (GGB) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.13 earnings per share (EPS) during the time that was better than consensus figure (set at 0.13) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.40% during the next five years compared to 19.48% growth over the previous five years of trading.
Gerdau S.A. ADR (NYSE: GGB) Trading Performance Indicators
You can see what Gerdau S.A. ADR (GGB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 6.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.47 in one year’s time.
Technical Analysis of Gerdau S.A. ADR (GGB)
The latest stats from [Gerdau S.A. ADR, GGB] show that its last 5-days average volume of 7.41 million was inferior to 8.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.27%. Additionally, its Average True Range was 0.08.
During the past 100 days, Gerdau S.A. ADR’s (GGB) raw stochastic average was set at 28.62%, which indicates a significant increase from 5.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.20% in the past 14 days, which was lower than the 30.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.31, while its 200-day Moving Average is $3.44. Now, the first resistance to watch is $3.17. This is followed by the second major resistance level at $3.22. The third major resistance level sits at $3.25. If the price goes on to break the first support level at $3.09, it is likely to go to the next support level at $3.06. The third support level lies at $3.01 if the price breaches the second support level.
Gerdau S.A. ADR (NYSE: GGB) Key Stats
There are 2,108,480K outstanding shares of the company, which has a market capitalization of 4.32 billion. As of now, sales total 13,804 M while income totals 1,503 M. Its latest quarter income was 3,184 M while its last quarter net income were 164,610 K.
