GGB Gerdau SA Stock quote

GGB Gerdau SA Stock quote

ggb stock quote
ggb stock quote

This suggests a possible upside of 22.2% from the stock’s current price. View analysts price targets for GGB or view top-rated stocks among Wall Street analysts. Gerdau S.A., which has a market valuation of $8.32 billion. The company stock has a Forward Dividend ratio of 0.70, while the dividend yield is 13.81%. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Analysts tracking GGB have forecast the quarterly EPS to grow by 0.26 per share this quarter, while the same analysts predict the annual EPS to hit $1.45 for the year 2023 and up to $0.93 for 2023.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.30 average news sentiment score of Basic Materials companies. The technique has proven to be very useful for finding positive surprises. The company’s Stock price change every day as a result of market forces. If more people want to buy a stock than sell it , then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

ggb stock quote

Investors are already flocking there for a chance at 1,000%+ returns. Only 35 people have searched for GGB on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.

Gerdau SA (NYSE:GGB)

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Gerdau closed at $5.47 in the latest trading session, marking a +0.55% move from the prior day. In the latest trading session, Gerdau closed at $5.41, marking a -1.64% move from the previous day. Gerdau closed at $5.07 in the latest trading session, marking a -1.93% move from the prior day.

ggb stock quote

For example, a price above its moving average is generally considered an upward trend or a buy. Gerdau saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 19,620,000 shares, a decrease of 29.3% from the February 13th total of 27,750,000 shares. Based on an average trading volume of 10,320,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.8% of the company’s stock are short sold. 2 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Gerdau in the last year.

The company was founded in 1901 and is based in Sao Paulo, Brazil. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

Global iron ore prices seen rising later this year

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end is trade com legit or is it untrustworthy read review to find out price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Gerdau stock traded down $0.15 during midday trading on Friday, reaching $5.17. The stock had a trading volume of 6,549,695 shares, compared to its average volume of 9,523,910.

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  • Gerdau Group dedicates itself to meeting the growing demands of several dynamic industries involved in…
  • The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.
  • Current records show that the company has 1.67B in outstanding shares.

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Stockholders of record on Thursday, March 16th will be given a $0.0788 dividend. This represents a $0.32 annualized dividend and a dividend yield of 6.10%. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It’s packed with all of the company’s key stats and salient decision making information.

About GGB

In this case, analysts estimate an annual EPS growth of -4.60% for the year and -35.90% for the next year. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.

Please send any questions or comments about this story to The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

ggb stock quote

Live educational sessions using site features to explore today’s markets. Mid-cap dividend stocks are the best bargain on the board right now. Gerdau shares split before market open on Wednesday, March 22nd 2023. The newly created shares will be distributed to shareholders after the market closes on Wednesday, March 22nd 2023.

Gerdau SA Operating Data

Current records show that the company has 1.67B in outstanding shares. The insiders’ percentage holdings are 32.70% of outstanding shares while the percentage share held by institutions stands at 21.90%. The stats also highlight that short interest as of Jan 30, 2023, stood at 25.83 million shares, which puts the short ratio at the time at 2.43. From this we can glean that short interest is 1.51% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 39.2 million.

Realtime quote and/or trades are not sourced from all markets. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. During times of market weakness, it’s beneficial to have a solid income stream from your investments. Investing in little-known penny stocks can facilitate stock ownership in relatively unknown industries. Though they tend to be wildly risky, these inexpensive stocks tend to offer the potential for ou…

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 96 employees have rated Gerdau Chief Executive Officer André Bier Gerdau Johannpeter on André Bier Gerdau Johannpeter has an approval rating of 53% among the company’s employees.

Total Annual Return %

Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Barchart is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve our web experience, and encourage users to Contact Us for feedback and accommodation requests. Gerdau closed the most recent trading day at $5.45, moving -0.18% from the previous trading session.

Gerdau has a twelve month low of $3.94 and a twelve month high of $6.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.32 and a quick ratio of 1.00. The firm has a market cap of $8.89 billion, a price-to-earnings ratio of 3.39 and a beta of 1.63. The firm’s fifty day simple moving average is $5.87 and its two-hundred day simple moving average is $5.41.

Is It Time to Sell? GGB shares are down today.

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.