The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 3.12%.However, over the last six months, we can see a stronger performance of -8.33%. Over the last 30 days, the price of GGB has leaped by -1.00%. And in the last five days, it has surged by 4.95%.
Gerdau S.A. ADR’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $4.04 on 05/16/24 and a low of $2.67 for the same time frame on 01/13/25.
52-week price history of GGB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Gerdau S.A. ADR’s current trading price is -26.49% away from its 52-week high, while its distance from the 52-week low is 11.24%. The stock’s price range during this period has varied between$2.67 and $4.04. The Gerdau S.A. ADR’s shares, which operate in the Basic Materials, saw a trading volume of around 6.94 million for the day, a figure considerably lower than their average daily volume of 10.61 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -5.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.89B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.24, with a change in price of -0.29. Similarly, Gerdau S.A. ADR recorded 9,971,775 in trading volume during the last 100 days, posting a change of -8.90%.
GGB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Gerdau S.A. ADR’s raw stochastic average for the last 50 days stands at 34.09%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 85.71%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 75.26% and 64.96%, respectively.
