Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE: SBS) is 2.89% higher on its value in year-to-date trading and has touched a low of $8.21 and a high of $16.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SBS stock was last observed hovering at around $15.73 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $15.67, the stock is -0.72% and -0.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.38% at the moment leaves the stock 18.75% off its SMA200. SBS registered 72.02% gain for a year compared to 6-month gain of 27.09%. The firm has a 50-day simple moving average (SMA 50) of $0.59 and a 200-day simple moving average (SMA200) of $1.68.
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The stock witnessed a -2.73% loss in the last 1 month and extending the period to 3 months gives it a 4.68%, and is 2.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 1.46% over the month.
Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) has around 14980 employees, a market worth around $10.71B and $4.79B in sales. Current P/E ratio is 18.16 and Fwd P/E is 12.54. Profit margin for the company is 12.31%. Distance from 52-week low is 90.95% and -6.06% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
Companhia de Saneamento Basico do Estado de Sao Paulo. ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 6.03% this year
244 institutions hold shares in Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS), with institutional investors hold 12.47% of the company’s shares. The shares outstanding are 683.51M, and float is at 683.42M with Short Float at 0.27%. Institutions hold 12.47% of the Float.
The top institutional shareholder in the company is Impax Asset Management Group Plc with over 20.76 million shares valued at $245.83 million. The investor’s holdings represent 3.04% of the SBS Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 7.39 million shares valued at $87.54 million to account for 1.08% of the shares outstanding. The other top investors are Mackenzie Financial Corporation which holds 6.52 million shares representing 0.95% and valued at over $77.14 million, while Amundi holds 0.68% of the shares totaling 4.63 million with a market value of $54.85 million.
