On Friday, Gerdau S.A. ADR (NYSE: GGB) opened at On Friday, remained unchanged from the last session, before settling in for the closing price of $2.95. Price fluctuations for GGB have ranged from $2.67 to $4.04 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 8.39% annually for the last half of the decade. Company’s average yearly earnings per share was noted 8.43% at the time writing. With a float of $1.30 billion, this company’s outstanding shares have now reached $1.32 billion.
In terms of profitability, gross margin is 13.58%, operating margin of 10.31%, and the pretax margin is 8.77%.
Gerdau S.A. ADR (GGB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Steel industry is another important factor to consider. The insider ownership of Gerdau S.A. ADR is 0.00%, while institutional ownership is 26.97%.
Gerdau S.A. ADR (GGB) Latest Financial update
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 8.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.84% during the next five years compared to 23.21% growth over the previous five years of trading.
Gerdau S.A. ADR (NYSE: GGB) Trading Performance Indicators
Check out the current performance indicators for Gerdau S.A. ADR (GGB). In the past quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 5.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Gerdau S.A. ADR (GGB)
Let’s dig in a bit further. During the last 5-days, its volume was 13.8 million. That was better than the volume of 10.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.57%. Additionally, its Average True Range was 0.10.
During the past 100 days, Gerdau S.A. ADR’s (GGB) raw stochastic average was set at 29.47%, which indicates a significant decrease from 58.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.22% in the past 14 days, which was lower than the 38.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.91, while its 200-day Moving Average is $3.21. However, in the short run, Gerdau S.A. ADR’s stock first resistance to watch stands at $2.98. Second resistance stands at $3.01. The third major resistance level sits at $3.06. If the price goes on to break the first support level at $2.90, it is likely to go to the next support level at $2.85. The third support level lies at $2.82 if the price breaches the second support level.
Gerdau S.A. ADR (NYSE: GGB) Key Stats
There are currently 2,078,805K shares outstanding in the company with a market cap of 3.83 billion. Presently, the company’s annual sales total 12,427 M according to its annual income of 852,670 K. Last quarter, the company’s sales amounted to 2,879 M and its income totaled 55,270 K.
