The stock of Gerdau S.A. (GGB) has seen a 1.03% increase in the past week, with a 5.52% gain in the past month, and a -5.54% decrease in the past quarter. The volatility ratio for the week is 2.58%, and the volatility levels for the past 30 days are at 3.54% for GGB. The simple moving average for the past 20 days is 1.95% for GGB’s stock, with a -0.53% simple moving average for the past 200 days.
Is It Worth Investing in Gerdau S.A. (NYSE: GGB) Right Now?
Gerdau S.A. (NYSE: GGB) has a higher price-to-earnings ratio of 3.68x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.62. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Gerdau S.A. (GGB) is $6.92, which is $1.75 above the current market price. The public float for GGB is 1.10B, and currently, short sellers hold a 0.65% ratio of that float. The average trading volume of GGB on May 25, 2023 was 7.80M shares.
GGB) stock’s latest price update
The stock price of Gerdau S.A. (NYSE: GGB) has plunged by -1.80 when compared to previous closing price of 4.99, but the company has seen a 1.03% gain in its stock price over the last five trading sessions.
GGB Trading at 2.47% from the 50-Day Moving Average
After a stumble in the market that brought GGB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.08% of loss for the given period.
Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares surge +3.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.10% lower at present.
During the last 5 trading sessions, GGB rose by +1.03%, which changed the moving average for the period of 200-days by +5.21% in comparison to the 20-day moving average, which settled at $4.89. In addition, Gerdau S.A. saw -5.20% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GGB
Current profitability levels for the company are sitting at:
- +20.10 for the present operating margin
- +22.75 for the gross margin
The net margin for Gerdau S.A. stands at +13.86. The total capital return value is set at 28.14, while invested capital returns managed to touch 20.42. Equity return is now at value 24.50, with 15.30 for asset returns.
Based on Gerdau S.A. (GGB), the company’s capital structure generated 29.57 points at debt to equity in total, while total debt to capital is 22.82. Total debt to assets is 18.48, with long-term debt to equity ratio resting at 22.21. Finally, the long-term debt to capital ratio is 17.14.
When we switch over and look at the enterprise to sales, we see a ratio of 0.64, with the company’s debt to enterprise value settled at 0.23. The receivables turnover for the company is 10.62 and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.
Conclusion
To put it simply, Gerdau S.A. (GGB) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
