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In the latest session, Gerdau S.A. ADR (NYSE: GGB) closed at $2.30 down -6.50% from its previous closing price of $2.46. In other words, the price has decreased by -$6.50 from its previous closing price. On the day, 22.31 million shares were traded. GGB stock price reached its highest trading level at $2.545 during the session, while it also had its lowest trading level at $2.28.
Ratios:
For a deeper understanding of Gerdau S.A. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.24.
BofA Securities Upgraded its Neutral to Buy on May 24, 2024, whereas the target price for the stock was revised from $4.50 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGB now has a Market Capitalization of 5030996992 and an Enterprise Value of 12111461376. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.01, and their Forward P/E ratio for the next fiscal year is 5.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.181 whereas that against EBITDA is 1.352.
Stock Price History:
The Beta on a monthly basis for GGB is 1.40, which has changed by -0.3853007 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, GGB has reached a high of $4.04, while it has fallen to a 52-week low of $2.39. The 50-Day Moving Average of the stock is -20.82%, while the 200-Day Moving Average is calculated to be -27.17%.
Shares Statistics:
For the past three months, GGB has traded an average of 10.27M shares per day and 12199110 over the past ten days. A total of 1.32B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 0.00% of the company’s shares, while institutions hold 26.94% stake in the company. Shares short for GGB as of 1741910400 were 15490520 with a Short Ratio of 1.51, compared to 1739491200 on 16890172. Therefore, it implies a Short% of Shares Outstanding of 15490520 and a Short% of Float of 1.77.
Dividends & Splits
According to the company, the forward annual dividend rate for GGB is 0.14, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.32520324The stock’s 5-year Average Dividend Yield is 7.06. The current Payout Ratio is 34.08% for GGB, which recently paid a dividend on 2024-08-13 with an ex-dividend date of 1741305600. Stock splits for the company last occurred on 2024-04-18 when the company split stock in a 6:5 ratio.
