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After finishing at $2.62 in the prior trading day, Gerdau S.A. ADR (NYSE: GGB) closed at $2.55, down -2.67%. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 11.92 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GGB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.29 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:
As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.03, and their Forward P/E ratio for the next fiscal year is 6.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.53.
Stock Price History:
Over the past 52 weeks, GGB has reached a high of $4.04, while it has fallen to a 52-week low of $2.27. The 50-Day Moving Average of the stock is -7.66%, while the 200-Day Moving Average is calculated to be -17.51%.
Shares Statistics:
A total of 1.31B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.00% of the company’s shares, while institutions hold 27.64% stake in the company.
