Sendas Distribuidora S.A. ADR (NYSE: ASAI)’s stock price has plunge by 6.80relation to previous closing price of 4.12. Nevertheless, the company has seen a -13.39% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-19 that SÃO PAULO, Dec. 19, 2024 /PRNewswire/ — Sendas Distribuidora S.A. (B3: ASAI3; NYSE: ASAI) (“Company”) announces that the Company’s Board of Directors approved at the meeting held on this date, the intention of the Company to proceed with the voluntary delisting of its American Depositary Shares (“ADSs”), each representing five common shares of the Company and represented by American Depositary Receipts (“ADRs”), from the New York Stock Exchange (“NYSE”) (“Delisting”), including the change of the Company’s ADR program to Level 1, in order to enable investors to maintain ownership of their ADSs, which may be traded on over-the-counter markets after the Delisting, as applicable, and deregistration with the United States Securities and Exchange Commission (“SEC”), once the Company complies with the applicable deregistration requirements.
Is It Worth Investing in Sendas Distribuidora S.A. ADR (NYSE: ASAI) Right Now?
Sendas Distribuidora S.A. ADR (NYSE: ASAI) has a price-to-earnings ratio of 9.64x that is above its average ratio. Additionally, the 36-month beta value for ASAI is 0.93. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The average trading volume of ASAI on December 20, 2024 was 664.22K shares.
ASAI’s Market Performance
The stock of Sendas Distribuidora S.A. ADR (ASAI) has seen a -13.39% decrease in the past week, with a -27.87% drop in the past month, and a -37.85% fall in the past quarter. The volatility ratio for the week is 6.46%, and the volatility levels for the past 30 days are at 5.23% for ASAI. The simple moving average for the past 20 days is -17.66% for ASAI’s stock, with a -54.24% simple moving average for the past 200 days.
Analysts’ Opinion of ASAI
JP Morgan gave a rating of “Overweight” to ASAI, setting the target price at $17 in the report published on April 23rd of the current year.
ASAI Trading at -26.05% 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 -71.15% of loss for the given period.
Volatility was left at 5.23%, however, over the last 30 days, the volatility rate increased by 6.46%, as shares sank -28.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.91% lower at present.
During the last 5 trading sessions, ASAI fell by -13.39%, which changed the moving average for the period of 200-days by -69.97% in comparison to the 20-day moving average, which settled at $5.34. In addition, Sendas Distribuidora S.A. ADR saw -68.16% 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:
- 0.05 for the present operating margin
- 0.18 for the gross margin
The net margin for Sendas Distribuidora S.A. ADR stands at 0.01. The total capital return value is set at 0.14. Equity return is now at value 13.90, with 1.45 for asset returns.
Based on Sendas Distribuidora S.A. ADR (ASAI), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 3.33. The interest coverage ratio of the stock is 1.24.
Currently, EBITDA for the company is 4.1 billion with net debt to EBITDA at 4.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 21.44for trailing twelve months and the total asset turnover is 1.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In conclusion, Sendas Distribuidora S.A. ADR (ASAI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
