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Companhia de Saneamento Basico do Estado de Sao Paulo Inc. (SBS) Price Performance: The Role of Supply and Demand

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -1.24% this year. Over the last six months, there has been a stronger performance of -4.29%. The price of SBS fallen by 10.36% during the last 30 days period. For the last 5-days stocks have slided -0.68%.

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) has a current stock price of $10.24. During the previous trading session, the stock witnessed a notable rise, reaching a high of $10.285 after opening at $10.16. The stock’s low for the day was $10.09, and it eventually closed at $10.15.

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Companhia de Saneamento Basico do Estado de Sao Paulo’s stock has had a calm market performance. The 1-year high for the company’s stock was $11.71 on 11/04/22, and the lowest price during the same period was recorded at $7.24 on 07/06/22.

52-week price history of SBS Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Companhia de Saneamento Basico do Estado de Sao Paulo’s current trading price is -12.56% away from its 52-week high, while its distance from the 52-week low is 41.41%. The stock’s price range for this period has been between $7.24 and $11.71. The Utilities sector company’s shares saw a trading volume of about 1.94 million for the day, which was higher than the average daily volume of 1.86 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) has experienced a quarterly rise of 3.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.02B and boasts a workforce of 12211 employees.

Expert Opinions: Analysts’ Ratings for Companhia de Saneamento Basico do Estado de Sao Paulo

As of right now, 10 analysts are rating Companhia de Saneamento Basico do Estado de Sao Paulo as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 10.05, with a change in price of -0.42. Similarly, Companhia de Saneamento Basico do Estado de Sao Paulo recorded 1,863,399 in trading volume during the last 100 days, posting a change of -3.94%.

SBS’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for SBS stands at 0.65. Similarly, the long-term debt-to-equity ratio is also 0.58.

SBS Stock Stochastic Average

As of today, the raw stochastic average of Companhia de Saneamento Basico do Estado de Sao Paulo over the last 50 days is at 75.85%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 72.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.39% and 70.87%, respectively.

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