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 -16.81% away from its 52-week high, while its distance from the 52-week low is 17.64%. The stock’s price range over this period has fluctuated between $2.92 and $4.13. The company, operating within the financial sector, had a trading volume of approximately 4.0 million for the day, which was noticeably lower than the average daily share volume of 9.39 million over the last 3 months.
The market performance of Gerdau S.A. ADR’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $4.13 on 12/28/23, while the lowest value for the same duration was $2.92 on 08/05/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gerdau S.A. ADR (GGB) has experienced a quarterly rise of 6.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.59B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.29, with a change in price of +0.13. Similarly, Gerdau S.A. ADR recorded 8,214,021 in trading volume during the last 100 days, posting a change of +3.79%.
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 0.21.
GGB Stock Stochastic Average
Today, Gerdau S.A. ADR’s raw stochastic average for the past 50 days stands at 64.55%, indicating a rise from the raw stochastic average of the last 20 days, which was 64.55%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 65.76% and 63.13% 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. This year’s metric has recorded a Price decrease of -15.01%. However, over the past six months, we’ve seen a stronger performance of -8.16%. The price of GGB fallen by 7.34% over the last 30 days. And in the last five days, it has fallen by -2.69%.
