Tenaris S.A. ADR (TS) concluded trading on Thursday at a closing price of $30.84, with 3.48 million shares of worth about $107.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.42% during that period and on September 26, 2024 the price saw a gain of about 0.33%. Currently the company’s common shares owned by public are about 583.94M shares, out of which, 567.50M shares are available for trading.
Stock saw a price change of 3.77% in past 5 days and over the past one month there was a price change of 9.67%. Year-to-date (YTD), TS shares are showing a performance of -11.28% which decreased to -0.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.24 but also hit the highest price of $40.72 during that period. The average intraday trading volume for Tenaris S.A. ADR shares is 2.10 million. The stock is currently trading 6.10% above its 20-day simple moving average (SMA20), while that difference is up 5.41% for SMA50 and it goes to -6.80% lower than SMA200.
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Tenaris S.A. ADR (NYSE: TS) currently have 583.94M outstanding shares and institutions hold larger chunk of about 10.08% of that.
The stock has a current market capitalization of $17.53B and its 3Y-monthly beta is at 1.41. PE ratio of stock for trailing 12 months is 6.58, while it has posted earnings per share of $4.69 in the same period. Its PEG reads 7.31 and has Quick Ratio of 1.89 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TS, volatility over the week remained 1.49% while standing at 1.81% over the month.
Stock’s fiscal year EPS is expected to drop by -48.73% while it is estimated to decrease by -0.53% in next year. EPS is likely to shrink at an annualized rate of 0.90% for next 5-years, compared to annual growth of 34.97% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on April 18, 2024 offering an Underweight rating for the stock and assigned a target price of $40 to it. On January 04, 2024, Jefferies Downgrade their recommendations, while on June 29, 2023, Jefferies Initiated their ratings for the stock with a price target of $41.80. Stock get a Buy rating from Stifel on October 13, 2022.
