Gerdau S.A. ADR (GGB) concluded trading on Wednesday at a closing price of $4.15, with 6.74 million shares of worth about $27.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.55% during that period and on Wednesday the price saw a gain of about 0.48%. Currently the company’s common shares owned by public are about 1.15B shares, out of which, 1.15B shares are available for trading.
However, the stock later moved at a day high price of 4.2260, or with a gain of 0.48%. Stock saw a price change of -5.25% in past 5 days and over the past one month there was a price change of -1.19%. Year-to-date (YTD), GGB shares are showing a performance of -14.43% which decreased to -18.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.11 but also hit the highest price of $6.04 during that period. The average intraday trading volume for Gerdau S.A. ADR shares is 5.39 million. The stock is currently trading -3.27% below its 20-day simple moving average (SMA20), while that difference is down -7.99% for SMA50 and it goes to -13.84% lower than SMA200.
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Gerdau S.A. ADR (NYSE: GGB) currently have 1.15B outstanding shares and institutions hold larger chunk of about 26.32% of that.
The stock has a current market capitalization of $4.77B and its 3Y-monthly beta is at 1.74. PE ratio of stock for trailing 12 months is 4.55, while it has posted earnings per share of $0.91 in the same period. It has Quick Ratio of 1.43 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GGB, volatility over the week remained 2.28% while standing at 2.09% over the month.
Analysts are in expectations that Gerdau S.A. ADR (GGB) stock would likely to be making an EPS of $0.12 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.46 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.12 which is $0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.16 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -31.93% while it is estimated to decrease by -40.94% in next year.
