During the last session, Gerdau S.A. ADR (NYSE:GGB)’s traded shares were 16.36 million, with the beta value of the company hitting 1.74. At the end of the trading day, the stock’s price was $3.49, reflecting an intraday loss of -1.97% or -$0.07. The 52-week high for the GGB share is $5.04, that puts it down -44.41 from that peak though still a striking 2.01% gain since the share price plummeted to a 52-week low of $3.42. The company’s market capitalization is $4.81B, and the average trade volume was 8.46 million shares over the past three months.
Gerdau S.A. ADR (NYSE:GGB) trade information
Gerdau S.A. ADR (GGB) registered a -1.97% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.97% in intraday trading to $3.49, hitting a weekly high. The stock’s 5-day price performance is -2.24%, and it has moved by -1.92% in 30 days. Based on these gigs, the overall price performance for the year is -8.08%.
Gerdau S.A. ADR (GGB) estimates and forecasts
Statistics show that Gerdau S.A. ADR has underperformed its competitors in share price, compared to the industry in which it operates. Gerdau S.A. ADR (GGB) shares have gone down -0.96% during the last six months, with a year-to-date growth rate less than the industry average at -39.44% against -13.10. In the rating firms’ projections, revenue will increase 0.10% compared to the previous financial year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.48%. While earnings are projected to return -35.87% in 2024, the next five years will return -1.47% per annum.
GGB Dividends
Gerdau S.A. ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Gerdau S.A. ADR is 0.02, with the dividend yield indicating at 0.57 percent, continuing the trend of increasing dividends in recent years.
