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 -25.25% away from its 52-week high, while its distance from the 52-week low is 13.11%. The stock’s price range for this period has been between $2.67 and $4.04 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 9.58 million for the day, a number notably lower than the average daily volume of 10.49 million over the last three months.
Gerdau S.A. ADR saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $4.04 on 05/16/24, while the lowest price for the same duration was marked at $2.67 on 01/13/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -13.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.92B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.09, with a change in price of -0.18. Similarly, Gerdau S.A. ADR recorded 10,771,327 in trading volume during the last 100 days, posting a change of -5.63%.
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 0.26. Similarly, the long-term debt-to-equity ratio is also 0.24.
GGB Stock Stochastic Average
As of today, Gerdau S.A. ADR’s raw stochastic average for the last 50 days stands at 79.55%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 77.78%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 50.00% and 35.07%, respectively.
GGB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 4.86% this year. Over the last six months, there has been a stronger performance of -9.04%. The price of GGB leaped by 0.00% during the last 30 days period. For the last 5-days stocks have improved 5.59%.
