The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Gerdau S.A. ADR’s current trading price is -23.42% away from its 52-week high, while its distance from the 52-week low is 13.21%. The stock’s price range for this period has been between $4.20 and $6.21 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 2.16 million for the day, a number notably lower than the average daily volume of 5.88 million over the last three months.
The present stock price for Gerdau S.A. ADR (GGB) is $4.76. In the last trading session, the stock made a considerable jump, reaching $5.05 after an opening price of $4.97. The stock briefly fell to $4.97 before ending the session at $5.02.
Gerdau S.A. ADR experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.21 on 01/18/23, while the lowest price for the same period was registered at $4.20 on 10/20/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -6.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.46B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.04, with a change in price of -0.44. Similarly, Gerdau S.A. ADR recorded 6,394,125 in trading volume during the last 100 days, posting a change of -8.45%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GGB stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.22.
GGB Stock Stochastic Average
Gerdau S.A. ADR’s raw stochastic average for the past 50 days is presently 52.29%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 65.22%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.95% and 91.52%, respectively.
GGB Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -8.01% this year. Over the last six months, there has been a stronger performance of -5.09%. The price of GGB fallen by 11.62% during the last 30 days period. For the last 5-days stocks have slided -0.73%.