Daily Market Movement: Sendas Distribuidora S.A. ADR (ASAI) Sees a 2.56 Increase, Closing at 6.41

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The closing price of Sendas Distribuidora S.A. ADR (NYSE: ASAI) was $6.41 for the day, up 2.56% from the previous closing price of $6.25. In other words, the price has increased by $2.56 from its previous closing price. On the day, 0.68 million shares were traded. ASAI stock price reached its highest trading level at $6.42 during the session, while it also had its lowest trading level at $6.205.

Ratios:

Our analysis of ASAI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 5.58 whereas as Long-Term Debt/Eq ratio is at 4.18.

JP Morgan Upgraded its Neutral to Overweight on April 23, 2024, whereas the target price for the stock was revised from $15 to $17.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASAI now has a Market Capitalization of 1733379200 and an Enterprise Value of 30455250944. As of this moment, Sendas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.01, and their Forward P/E ratio for the next fiscal year is 9.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 0.432 whereas that against EBITDA is 6.775.

Stock Price History:

Over the past 52 weeks, ASAI has reached a high of $15.25, while it has fallen to a 52-week low of $5.73. The 50-Day Moving Average of the stock is -17.13%, while the 200-Day Moving Average is calculated to be -43.44%.

Shares Statistics:

ASAI traded an average of 500.53K shares per day over the past three months and 629540 shares per day over the past ten days. Shares short for ASAI as of 1727654400 were 6173478 with a Short Ratio of 12.33, compared to 1724976000 on 2210851. Therefore, it implies a Short% of Shares Outstanding of 6173478 and a Short% of Float of 2.8900001.

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