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In the latest session, Gerdau S.A. ADR (NYSE: GGB) closed at $3.56 down -2.73% from its previous closing price of $3.66. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 11.0 million shares were traded. GGB stock price reached its highest trading level at $3.68 during the session, while it also had its lowest trading level at $3.53.
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 4.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.20.
JP Morgan Downgraded its Overweight to Neutral on February 09, 2023, whereas the target price for the stock was revised from $7 to $6.
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 7591165952 and an Enterprise Value of 14506023936. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.05, and their Forward P/E ratio for the next fiscal year is 8.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.21 whereas that against EBITDA is 1.246.
Stock Price History:
Over the past 52 weeks, GGB has reached a high of $5.04, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -1.65%, while the 200-Day Moving Average is calculated to be -8.67%.
Shares Statistics:
For the past three months, GGB has traded an average of 8.37M shares per day and 11523188 over the past ten days. A total of 1.38B shares are outstanding, with a floating share count of 1.38B. Insiders hold about 0.00% of the company’s shares, while institutions hold 25.61% stake in the company. Shares short for GGB as of 1711584000 were 2244636 with a Short Ratio of 0.27, compared to 1709164800 on 3530926.
Dividends & Splits
According to the company, the forward annual dividend rate for GGB is 0.02, from 1.258 in the trailing year. Against a Trailing Annual Dividend Yield of 0.34371585The stock’s 5-year Average Dividend Yield is 6.45.
