Companhia Brasileira De Distribuicao. ADR (NYSE: CBD) is -21.25% lower on its value in year-to-date trading and has touched a low of $0.58 and a high of $1.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CBD stock was last observed hovering at around $0.64 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.63, the stock is -6.28% and -13.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -1.88% at the moment leaves the stock -28.56% off its SMA200. CBD registered -29.26% loss for a year compared to 6-month gain of 0.02%. The firm has a 50-day simple moving average (SMA 50) of $0.08 and a 200-day simple moving average (SMA200) of $0.63.
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The stock witnessed a -21.65% loss in the last 1 month and extending the period to 3 months gives it a -19.24%, and is -1.10% down 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 3.86% over the week and 5.63% over the month.
Profit margin for the company is -11.92%. Distance from 52-week low is 8.43% and -57.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.40%).
Companhia Brasileira De Distribuicao. ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 58.40% this year, but quarterly earnings will post -53.20% year-over-year.
63 institutions hold shares in Companhia Brasileira De Distribuicao. ADR (CBD), with institutional investors hold 1.48% of the company’s shares. The shares outstanding are 489.98M, and float is at 489.35M with Short Float at 0.28%. Institutions hold 1.48% of the Float.
The top institutional shareholder in the company is Carronade Capital Management, Lp with over 2.34 million shares valued at $9.01 million. The investor’s holdings represent 0.87% of the CBD Shares outstanding. As of Jun 29, 2023, the second largest holder is Banco BTG Pactual SA with 1.84 million shares valued at $7.08 million to account for 0.68% of the shares outstanding. The other top investors are Bank of America Corporation which holds 1.34 million shares representing 0.50% and valued at over $5.15 million, while Morgan Stanley holds 0.44% of the shares totaling 1.18 million with a market value of $4.55 million.
