Currently, there are 1.15B common shares owned by the public and among those 1.15B shares have been available to trade.
The company’s stock has a 5-day price change of -2.83% and 1.13% over the past three months. GGB shares are trading -8.04% year to date (YTD), with the 12-month market performance down to -11.45% lower. It has a 12-month low price of $4.11 and touched a high of $6.04 over the same period. GGB has an average intraday trading volume of 6.43 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.46%, 2.93%, and -5.19% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Gerdau S.A. ADR (NYSE: GGB) shares accounts for 25.62% of the company’s 1.15B shares outstanding.
It has a market capitalization of $5.12B and a beta (3y monthly) value of 1.74. The stock’s trailing 12-month PE ratio is 5.27, while the earnings-per-share (ttm) stands at $0.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.84% over the week and 2.61% over the month.
Analysts forecast that Gerdau S.A. ADR (GGB) will achieve an EPS of $GGM for the current quarter, $24.63 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $CGI Inc. while analysts give the company a high EPS estimate of $Gerdau S.A.. Comparatively, EPS for the current quarter was $Graco Inc. a year ago. Earnings per share for the fiscal year are expected to decrease by -38.27%, and 1.43% over the next financial year. EPS should shrink at an annualized rate of -3.46% over the next five years, compared to 19.49% over the past 5-year period.
JP Morgan was of a view on February 09, 2023 that the stock is Neutral, while Citigroup gave the stock Buy rating on November 12, 2021, issuing a price target of $6.10. Credit Suisse on their part issued Outperform rating on September 09, 2021.
