Sendas Distribuidora S.A. ADR (NYSE: ASAI) is -54.12% lower on its value in year-to-date trading and has touched a low of $5.73 and a high of $15.25 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 ASAI stock was last observed hovering at around $6.81 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $6.34, the stock is -1.77% and -10.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -6.90% at the moment leaves the stock -41.51% off its SMA200. ASAI registered -49.48% loss for a year compared to 6-month loss of -51.08%. The firm has a 50-day simple moving average (SMA 50) of $7.0912 and a 200-day simple moving average (SMA200) of $10.87625.
The stock witnessed a 8.19% gain in the last 1 month and extending the period to 3 months gives it a -31.90%, and is -2.46% 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 5.56% over the week and 4.35% over the month.
Sendas Distribuidora S.A. ADR (ASAI) has around 80000 employees, a market worth around $1.71B and $14.11B in sales. Current P/E ratio is 12.87 and Fwd P/E is 10.70. Profit margin for the company is 0.95%. Distance from 52-week low is 10.65% and -58.43% from its 52-week high. The company has generated returns on investments over the last 12 months (2.97%).
Sendas Distribuidora S.A. ADR quarterly earnings per share for the current quarter are estimated at 0.11.The EPS is expected to shrink by -19.67% this year, but quarterly earnings will post 3.60% year-over-year.
The top institutional shareholder in the company is CORONATION FUND MANAGERS LTD. with over 7.44 million shares valued at $69.21 million. The investor’s holdings represent 0.5504 of the ASAI Shares outstanding. As of 2024-06-30, the second largest holder is ORBIS ALLAN GRAY LTD with 6.78 million shares valued at $63.09 million to account for 0.5017 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.12 million shares representing 0.083 and valued at over $10.43 million, while ANTIPODES PARTNERS LTD holds 0.0741 of the shares totaling 1.0 million with a market value of $9.32 million.
