Market Insights: Sendas Distribuidora S.A. ADR (ASAI)’s Notable Drop of -7.69, Closing at 7.08

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Sendas Distribuidora S.A. ADR’s stock clocked out at $7.08, down -7.69% from its previous closing price of $7.67. In other words, the price has decreased by -$7.69 from its previous closing price. On the day, 1.36 million shares were traded. ASAI stock price reached its highest trading level at $7.54 during the session, while it also had its lowest trading level at $7.06.

Ratios:

To gain a deeper understanding of ASAI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.83. 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 2039025920 and an Enterprise Value of 31360978944. As of this moment, Sendas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.37, and their Forward P/E ratio for the next fiscal year is 8.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 0.445 whereas that against EBITDA is 6.977.

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 $7.65. The 50-Day Moving Average of the stock is -20.74%, while the 200-Day Moving Average is calculated to be -41.33%.

Shares Statistics:

It appears that ASAI traded 407.09K shares on average per day over the past three months and 596990 shares per day over the past ten days. Shares short for ASAI as of 1724976000 were 2210851 with a Short Ratio of 5.43, compared to 1722384000 on 3243359. Therefore, it implies a Short% of Shares Outstanding of 2210851 and a Short% of Float of 1.04.

Most Popular