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In the latest session, Gerdau S.A. ADR (NYSE: GGB) closed at $3.24 down -1.22% from its previous closing price of $3.28. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 2.52 million shares were traded. GGB stock price reached its highest trading level at $3.27 during the session, while it also had its lowest trading level at $3.23.
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 3.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on May 24, 2024, Upgraded its rating to Buy and sets its target price to $5 from $4.50 previously.
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 6816085504 and an Enterprise Value of 13440089088. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.63, and their Forward P/E ratio for the next fiscal year is 6.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.203 whereas that against EBITDA is 1.441.
Stock Price History:
The Beta on a monthly basis for GGB is 1.75, which has changed by -0.28133082 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, GGB has reached a high of $5.04, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is -6.27%, while the 200-Day Moving Average is calculated to be -11.37%.
Shares Statistics:
For the past three months, GGB has traded an average of 9.16M shares per day and 6371770 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 24.69% stake in the company. Shares short for GGB as of 1718323200 were 7418419 with a Short Ratio of 0.81, compared to 1715731200 on 7834566.
Dividends & Splits
According to the company, the forward annual dividend rate for GGB is 0.14, from 1.113 in the trailing year. Against a Trailing Annual Dividend Yield of 0.33932927The stock’s 5-year Average Dividend Yield is 6.64. The current Payout Ratio is 33.56% for GGB, which recently paid a dividend on 2024-05-17 with an ex-dividend date of 1715904000. Stock splits for the company last occurred on 2024-04-18 when the company split stock in a 6:5 ratio.
