Sendas Distribuidora (OTCMKTS:ASAIY – Get Free Report) posted its earnings results on Friday. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01, Zacks reports. Sendas Distribuidora had a net margin of 1.27% and a return on equity of 12.02%.
Sendas Distribuidora Trading Up 4.3%
Shares of ASAIY traded up $0.33 during trading on Friday, reaching $7.96. 94,030 shares of the company traded hands, compared to its average volume of 41,098. The stock has a 50-day simple moving average of $10.14 and a 200-day simple moving average of $8.87. The stock has a market cap of $2.16 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 0.11 and a beta of 0.85. Sendas Distribuidora has a twelve month low of $6.20 and a twelve month high of $14.44. The company has a quick ratio of 0.61, a current ratio of 1.12 and a debt-to-equity ratio of 3.83.
Analysts Set New Price Targets
Separately, Zacks Research raised Sendas Distribuidora from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.
View Our Latest Stock Report on ASAIY
About Sendas Distribuidora
Sendas Distribuidora SA, which operates under the Assaí Atacadista brand, is a Brazilian cash-and-carry retailer serving consumers, small businesses, restaurants, and other commercial customers. The company sells food and beverage products, fresh produce, meat, dairy items, cleaning supplies, personal-care products, and general household merchandise.
Assaí’s wholesale-oriented stores combine retail and bulk purchasing formats, offering products in both consumer-sized packages and larger quantities.
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