The stock of Gerdau S.A. ADR (GGB) has gone up by 1.67% for the week, with a 0.73% rise in the past month and a 2.38% rise in the past quarter. The volatility ratio for the week is 3.05%, and the volatility levels for the past 30 days are 2.65% for GGB. The simple moving average for the last 20 days is -0.41% for GGB’s stock, with a simple moving average of -6.32% for the last 200 days.
Is It Worth Investing in Gerdau S.A. ADR (NYSE: GGB) Right Now?
The price-to-earnings ratio for Gerdau S.A. ADR (NYSE: GGB) is above average at 5.19x, Company’s 36-month beta value is 1.73.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for GGB is 1.38B, and currently, short sellers hold a 0.16% ratio of that floaft. The average trading volume of GGB on April 22, 2024 was 8.12M shares.
GGB) stock’s latest price update
Gerdau S.A. ADR (NYSE: GGB)’s stock price has soared by 2.52 in relation to previous closing price of 3.57. Nevertheless, the company has seen a gain of 1.67% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-12 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of GGB
JP Morgan gave a rating of “Neutral” to GGB, setting the target price at $6 in the report published on February 09th of the previous year.
GGB Trading at 1.34% 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 -27.33% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares sank -0.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.27% upper at present.
During the last 5 trading sessions, GGB rose by +1.67%, which changed the moving average for the period of 200-days by -16.82% in comparison to the 20-day moving average, which settled at $3.67. In addition, Gerdau S.A. ADR saw -9.44% 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:
- 0.15 for the present operating margin
- 0.16 for the gross margin
The net margin for Gerdau S.A. ADR stands at 0.11. The total capital return value is set at 0.17. Equity return is now at value 15.82, with 10.13 for asset returns.
Based on Gerdau S.A. ADR (GGB), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.92. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 12.56.
Currently, EBITDA for the company is 12.16 billion with net debt to EBITDA at 0.68. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 10.03for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.
Conclusion
In a nutshell, Gerdau S.A. ADR (GGB) has experienced a mixed 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.
