Sendas Distribuidora S.A. Sponsored ADR (OTCMKTS:ASAIY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $8.11, but opened at $8.44. Sendas Distribuidora shares last traded at $8.35, with a volume of 10,101 shares trading hands.
Analyst Upgrades and Downgrades
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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, Sendas Distribuidora currently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on ASAIY
Sendas Distribuidora Price Performance
The business’s 50-day moving average price is $10.15 and its 200 day moving average price is $8.88. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.61 and a current ratio of 1.12. The stock has a market capitalization of $2.30 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.12 and a beta of 0.85.
Sendas Distribuidora (OTCMKTS:ASAIY – Get Free Report) last announced its earnings results on Friday, November 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Sendas Distribuidora had a net margin of 1.57% and a return on equity of 15.99%. The business had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.81 billion. Research analysts forecast that Sendas Distribuidora S.A. Sponsored ADR will post 1.29 earnings per share for the current year.
Sendas Distribuidora Company Profile
Sendas Distribuidora S.A. operates Assaí Atacadista, a Brazilian cash-and-carry retailer serving both businesses and individual shoppers. Its stores sell food and beverages alongside cleaning supplies, personal-care products and other household goods, generally offering bulk and individual purchasing options. The company serves customers throughout Brazil through a nationwide store network. Its assortment includes groceries and fresh foods, with products and formats aimed at retailers, restaurants and other commercial buyers as well as households.
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