The stock of Sendas Distribuidora S.A. ADR (ASAI) has gone up by 7.68% for the week, with a 26.75% rise in the past month and a 0.52% rise in the past quarter. The volatility ratio for the week is 3.83%, and the volatility levels for the past 30 days are 4.39% for ASAI. The simple moving average for the past 20 days is 15.02% for ASAI’s stock, with a 0.20% simple moving average for the past 200 days.
Is It Worth Investing in Sendas Distribuidora S.A. ADR (NYSE: ASAI) Right Now?
Sendas Distribuidora S.A. ADR (NYSE: ASAI) has a higher price-to-earnings ratio of 22.92x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.05. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Sendas Distribuidora S.A. ADR (ASAI) is $17.02, which is $3.42 above the current market price. ASAI currently shorts hold a – ratio of the float.The average trading volume of ASAI on November 17, 2023 was 573.40K shares.
ASAI) stock’s latest price update
Sendas Distribuidora S.A. ADR (NYSE: ASAI)’s stock price has soared by 5.18 in relation to previous closing price of 12.93. Nevertheless, the company has seen a gain of 7.68% in its stock price over the last five trading days. Seeking Alpha reported 2023-07-29 that Sendas Distribuidora S.A. (NYSE:ASAI ) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Gabrielle Helu – Investor Relations Director Belmiro Gomes – Chief Executive Officer Danny Sabbag – Chief Financial Officer Wlamir dos Anjos – Vice President, Logistics and Commercial Anderson Castilho – Vice President, Operational Conference Call Participants Joseph Giordano – JPMorgan Vinicius Strano – UBS Danniela Eiger – XP Ruben Couto – Santander Joao Soares – Citibank Luiz Guanais – BTG Pactual Vitor Pini – Safra Thiago Macruz – Itau BBA Irma Sgarz – Goldman Sachs Vinicius Pretto – Bank of America Andrew Ruben – Morgan Stanley Operator Good morning, everyone, and thank you for waiting.
ASAI Trading at 14.51% from the 50-Day Moving Average
After a stumble in the market that brought ASAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.18% of loss for the given period.
Volatility was left at 4.39%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares surge +24.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.48% upper at present.
During the last 5 trading sessions, ASAI rose by +7.68%, which changed the moving average for the period of 200-days by -30.01% in comparison to the 20-day moving average, which settled at $11.96. In addition, Sendas Distribuidora S.A. ADR saw -25.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ASAI
Current profitability levels for the company are sitting at:
- +5.28 for the present operating margin
- +14.75 for the gross margin
The net margin for Sendas Distribuidora S.A. ADR stands at +2.24. The total capital return value is set at 14.50, while invested capital returns managed to touch 6.57. Equity return is now at value 21.00, with 2.12 for asset returns.
Based on Sendas Distribuidora S.A. ADR (ASAI), the company’s capital structure generated 537.76 points at debt to equity in total, while total debt to capital is 84.32. Total debt to assets is 51.05, with long-term debt to equity ratio resting at 494.25. Finally, the long-term debt to capital ratio is 77.50.
When we switch over and look at the enterprise to sales, we see a ratio of 0.50, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 37.69 and the total asset turnover is 1.70. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
To put it simply, Sendas Distribuidora S.A. ADR (ASAI) has had a mixed performance in recent times. Analysts have a bullish 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.