Gerdau S.A. ADR (NYSE: GGB) on Monday, soared 7.41% from the previous trading day, before settling in for the closing price of $2.97. Within the past 52 weeks, GGB’s price has moved between $2.27 and $3.62.
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Basic Materials Sector giant saw their annual sales surged by 4.35% over the last five years. The company achieved an average annual earnings per share of -8.73%. With a float of $1.29 billion, this company’s outstanding shares have now reached $1.31 billion.
In terms of profitability, gross margin is 12.8%, operating margin of 8.85%, and the pretax margin is 6.25%.
Gerdau S.A. ADR (GGB) Insider Activity
Observing investor behavior towards Steel industry stocks is more important than anything else. The insider ownership of Gerdau S.A. ADR is 0.00%, while institutional ownership is 24.65%.
Gerdau S.A. ADR (GGB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -8.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.59% 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
Gerdau S.A. ADR (GGB) is currently performing well based on its current performance indicators. A quick ratio of 1.28 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 0.34. Likewise, its price to free cash flow for the trailing twelve months is 7.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Gerdau S.A. ADR (GGB)
Analysing the last 5-days average volume posted by the [Gerdau S.A. ADR, GGB], we can find that recorded value of 14.86 million was better than the volume posted last year of 11.09 million. As of the previous 9 days, the stock’s Stochastic %D was 92.14%. Additionally, its Average True Range was 0.11.
During the past 100 days, Gerdau S.A. ADR’s (GGB) raw stochastic average was set at 97.87%, which indicates a significant increase from 96.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.26% in the past 14 days, which was higher than the 43.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.69, while its 200-day Moving Average is $3.04.
