Shares of Sendas Distribuidora S.A. Sponsored ADR (OTCMKTS:ASAIY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $9.87, but opened at $9.29. Sendas Distribuidora shares last traded at $9.29, with a volume of 197 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Sendas Distribuidora from a “strong sell” rating to a “hold” rating in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Get Our Latest Analysis on ASAIY
Sendas Distribuidora Stock Down 2.3%
Sendas Distribuidora (OTCMKTS:ASAIY – Get Free Report) last issued its earnings results on Monday, April 27th. The company reported $999.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $998.97. The business had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.63 billion. Sendas Distribuidora had a return on equity of 7.42% and a net margin of 0.91%. On average, research analysts anticipate that Sendas Distribuidora S.A. Sponsored ADR will post 0.54 earnings per share for the current fiscal year.
About Sendas Distribuidora
Sendas Distribuidora SA is a Brazilian retail and distribution company that operates in the grocery and consumer goods sector. The company’s core activities include operating retail outlets and managing distribution operations that supply food, beverages, household products and personal-care items to end consumers and commercial customers. Its business model centers on combining in-store retailing with logistics and supply-chain services to move fast‑moving consumer goods across its network.
Product categories handled by Sendas typically include fresh and packaged foods, dairy and frozen goods, beverages, cleaning and household supplies, and health and beauty products.
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