Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gerdau S.A. ADR’s current trading price is -27.70% away from its 52-week high, while its distance from the 52-week low is 6.33%. The stock’s price range over this period has fluctuated between $4.11 and $6.04. The company, operating within the financial sector, had a trading volume of approximately 2.53 million for the day, which was noticeably lower than the average daily share volume of 5.58 million over the last 3 months.
Gerdau S.A. ADR ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $6.04 on 07/31/23, while the lowest value for the same period was recorded at $4.11 on 02/13/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -3.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.02B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.50, with a change in price of -0.10. Similarly, Gerdau S.A. ADR recorded 5,730,609 in trading volume during the last 100 days, posting a change of -2.25%.
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 0.20.
GGB Stock Stochastic Average
Today, Gerdau S.A. ADR’s raw stochastic average for the past 50 days stands at 29.45%, indicating a decline from the raw stochastic average of the last 20 days, which was 63.16%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.82% and 76.59% respectively.
GGB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -9.90% this year. Over the last six months, there has been a stronger performance of -15.16%. The price of GGB fallen by 1.16% during the last 30 days period. For the last 5-days stocks have improved 0.46%.
