GGB’s Financial Health: Exploring Gerdau S.A. ADR’s Debt-to-Equity Ratio of 1.79

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Gerdau S.A. ADR saw a rather unpredictable run in, in terms of market performance.

52-week price history of GGB Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Gerdau S.A. ADR’s current trading price is -23.34% away from its 52-week high, while its distance from the 52-week low is 22.25%. The stock’s price range during this period has spanned from $2.27 to $3.62. In the Basic Materials sector, the Gerdau S.A. ADR’s shares surpassed a trading volume of approximately 8.27 million for the day, which was noticeably lower compared to the average daily volume of 9.11.38 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Gerdau S.A. ADR (GGB) has experienced a quarterly decline of -1.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.57B.

Making Sense of Trading Volume and Moving Average Data

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 0.29. Similarly, the long-term debt-to-equity ratio is also 0.24.

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. This year’s metric has recorded a Price decrease of -3.65%. However, over the past six months, we’ve seen a stronger performance of -19.10%. The price of GGB fallen by 7.14% over the last 30 days. And in the last five days, it has surged by 2.40%.

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