Sendas Distribuidora (OTCMKTS:ASAIY) Reaches New 12-Month High – Should You Buy?

Sendas Distribuidora S.A. Sponsored ADR (OTCMKTS:ASAIY – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday. The stock traded as high as $14.44 and last traded at $13.7640, with a volume of 15,855 shares changing hands. The stock had previously closed at $13.2260.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Sendas Distribuidora from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Sendas Distribuidora presently has a consensus rating of “Buy”.

Check Out Our Latest Analysis on Sendas Distribuidora

Sendas Distribuidora Stock Performance

The stock has a fifty day simple moving average of $9.78 and a 200-day simple moving average of $9.02. The stock has a market cap of $3.77 billion, a P/E ratio of 19.89, a PEG ratio of 0.18 and a beta of 0.66. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.61 and a current ratio of 1.12.

Sendas Distribuidora (OTCMKTS:ASAIY – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.10. Sendas Distribuidora had a net margin of 1.27% and a return on equity of 12.02%. On average, equities analysts expect that Sendas Distribuidora S.A. Sponsored ADR will post 1.30 earnings per share for the current year.

Sendas Distribuidora Company Profile

(Get Free Report)

Sendas Distribuidora SA, operating under the Assaí Atacadista brand, is a Brazilian cash-and-carry retailer serving households, small businesses, restaurants and other commercial customers. The company sells a broad range of food, beverages, cleaning supplies, personal-care products and other everyday consumer goods through its wholesale-oriented stores.

Assaí combines retail and wholesale formats, offering products in single units as well as larger packs and case quantities. Its operations are supported by in-store services and digital sales channels intended to serve both consumers and professional customers.

Further Reading

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