The price-to-earnings ratio for Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) is above average at 11.52x, while the 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) is $13.26, which is $2.53 above the current market price. The public float for SBS is 338.69M, and currently, short sellers hold a 0.85% ratio of that floaft. The average trading volume of SBS on March 15, 2023 was 2.05M shares.
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SBS) stock’s latest price update
Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS)’s stock price has decreased by -1.76 compared to its previous closing price of 9.94. However, the company has experienced a -5.56% decline in its stock price over the last five trading sessions. MarketWatch.com reported on 02/26/22 that Not enough babies? EV battery shortage? Dwindling water? There are ‘scarcity’ stock plays for all of it
SBS’s Market Performance
SBS’s stock has fallen by -5.56% in the past week, with a monthly drop of -5.38% and a quarterly drop of -4.73%. The volatility ratio for the week is 3.16% while the volatility levels for the last 30 days are 2.77% for Companhia de Saneamento Basico do Estado de Sao Paulo The simple moving average for the last 20 days is -3.71% for SBS stock, with a simple moving average of -0.30% for the last 200 days.
SBS Trading at -5.50% from the 50-Day Moving Average
After a stumble in the market that brought SBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.90% of loss for the given period.
Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -7.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.38% lower at present.
During the last 5 trading sessions, SBS fell by -6.58%, which changed the moving average for the period of 200-days by -3.98% in comparison to the 20-day moving average, which settled at $10.10. In addition, Companhia de Saneamento Basico do Estado de Sao Paulo saw -8.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SBS
Current profitability levels for the company are sitting at:
- +20.90 for the present operating margin
- +33.45 for the gross margin
The net margin for Companhia de Saneamento Basico do Estado de Sao Paulo stands at +11.83. Equity return is now at value 11.70, with 5.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In a nutshell, Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
