Ultrapar Participacoes S.A. (NYSE: UGP)’s stock price has decreased by -4.17 compared to its previous closing price of 2.52. Nevertheless, the company has seen a -10.22% plunge in its stock price over the last five trading sessions.
Is It Worth Investing in Ultrapar Participacoes S.A. (NYSE: UGP) Right Now?
Ultrapar Participacoes S.A. (NYSE: UGP) has a higher price-to-earnings ratio of 9.55x compared to its average ratio, and the 36-month beta value for UGP is at 1.18. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for UGP is $3.25, which is $0.66 above the current market price. The public float for UGP is 751.92M, and currently, shorts hold a 0.39% of that float. The average trading volume for UGP on March 15, 2023 was 1.50M shares.
UGP’s Market Performance
The stock of Ultrapar Participacoes S.A. (UGP) has seen a -10.22% decrease in the past week, with a -4.92% drop in the past month, and a 3.21% gain in the past quarter. The volatility ratio for the week is 3.44%, and the volatility levels for the past 30 days are at 3.55% for UGP. The simple moving average for the last 20 days is -6.16% for UGP stock, with a simple moving average of -4.12% for the last 200 days.
UGP Trading at -4.03% from the 50-Day Moving Average
After a stumble in the market that brought UGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.60% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 3.44%, as shares sank -1.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.41% upper at present.
During the last 5 trading sessions, UGP fell by -9.67%, which changed the moving average for the period of 200-days by -20.07% in comparison to the 20-day moving average, which settled at $2.57. In addition, Ultrapar Participacoes S.A. saw -0.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UGP
Current profitability levels for the company are sitting at:
- +2.56 for the present operating margin
- +5.12 for the gross margin
The net margin for Ultrapar Participacoes S.A. stands at +1.04. Equity return is now at value 16.40, with 5.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
In conclusion, Ultrapar Participacoes S.A. (UGP) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
