Gerdau S.A. ADR saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $4.13 on 11/17/23, while the lowest price for the same duration was marked at $2.92 on 08/05/24.
52-week price history of GGB Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Gerdau S.A. ADR’s current trading price is -22.26% away from its 52-week high, while its distance from the 52-week low is 9.93%. The stock’s price range during the 52-week period has remained between $2.92 and $4.13. In the Basic Materials sector, the company’s shares saw a trading volume of around 1.93 million for the day, which was evidently lower than the average daily volume of 7.79 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -1.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.44B.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.28, with a change in price of -0.28. Similarly, Gerdau S.A. ADR recorded 7,224,696 in trading volume during the last 100 days, posting a change of -7.90%.
Examining GGB’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 0.21.
GGB Stock Stochastic Average
Gerdau S.A. ADR’s raw stochastic average for the past 50 days is presently 17.04%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 9.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.63% and 8.20%, respectively.
GGB Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -20.58%.However, over the last six months, we can see a stronger performance of -15.53%. Over the last 30 days, the price of GGB has leaped by -1.53%. And in the last five days, it has fallen by -3.31%.
