A new trading day began on Tuesday, with Gerdau S.A. ADR (NYSE: GGB) stock price up 1.36% from the previous day of trading, before settling in for the closing price of $3.69. GGB’s price has ranged from $2.27 to $3.80 over the past 52 weeks.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 23.21%. Meanwhile, its annual earnings per share averaged -10.77%. With a float of $1.25 billion, this company’s outstanding shares have now reached $1.27 billion.
Gerdau S.A. ADR (GGB) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Steel Industry. The insider ownership of Gerdau S.A. ADR is 0.00%, while institutional ownership is 25.21%.
Gerdau S.A. ADR (GGB) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.31 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months).
According to the Wall Street analysts, stocks earnings will be around -10.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.41% 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
Here are Gerdau S.A. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 481.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.42 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 15.36 million was superior to 13.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.98%.
During the past 100 days, Gerdau S.A. ADR’s (GGB) raw stochastic average was set at 93.68%, which indicates a significant increase from 82.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.09 in the past 14 days, which was higher than the 0.08 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.52, while its 200-day Moving Average is $3.06. Now, the first resistance to watch is $3.77. This is followed by the second major resistance level at $3.79. The third major resistance level sits at $3.84. If the price goes on to break the first support level at $3.70, it is likely to go to the next support level at $3.65. Assuming the price breaks the second support level, the third support level stands at $3.63.
Gerdau S.A. ADR (NYSE: GGB) Key Stats
With a market capitalization of 4.69 billion, the company has a total of 1,997,795K Shares Outstanding. Currently, annual sales are 12,427 M while annual income is 846,600 K. The company’s previous quarter sales were 3,302 M while its latest quarter income was 198,180 K.
