Sendas Distribuidora S.A. ADR (NYSE: ASAI) is -56.51% 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 $6.12 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $6.01, the stock is -5.56% and -9.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -1.80% at the moment leaves the stock -42.49% off its SMA200. ASAI registered -54.05% loss for a year compared to 6-month loss of -53.05%. The firm has a 50-day simple moving average (SMA 50) of $6.6524 and a 200-day simple moving average (SMA200) of $10.4907.
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The stock witnessed a -5.95% gain in the last 1 month and extending the period to 3 months gives it a -32.62%, and is -1.64% 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 4.33% over the week and 4.37% over the month.
Sendas Distribuidora S.A. ADR (ASAI) has around 80000 employees, a market worth around $1.63B and $13.97B in sales. Current P/E ratio is 13.16 and Fwd P/E is 10.43. Profit margin for the company is 0.89%. Distance from 52-week low is 4.89% and -60.59% from its 52-week high. The company has generated returns on investments over the last 12 months (2.62%).
The EPS is expected to shrink by -19.14% this 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.
