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Is Ultrapar Participacoes S.A. ADR (UGP) a good stock to buy now?

Ultrapar Participacoes S.A. ADR (NYSE: UGP) is -46.31% lower on its value in year-to-date trading and has touched a low of $2.80 and a high of $6.34 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 UGP stock was last observed hovering at around $2.93 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $2.91, the stock is -8.72% and -16.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.68% at the moment leaves the stock -33.63% off its SMA200. UGP registered -43.93% loss for a year compared to 6-month loss of -31.21%. The firm has a 50-day simple moving average (SMA 50) of $3.522 and a 200-day simple moving average (SMA200) of $4.40095.

The stock witnessed a -20.92% gain in the last 1 month and extending the period to 3 months gives it a -28.68%, and is -2.02% 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 3.09% over the week and 3.30% over the month.

Ultrapar Participacoes S.A. ADR (UGP) has around 10094 employees, a market worth around $3.17B and $25.46B in sales. Current P/E ratio is 6.34 and Fwd P/E is 8.52. Profit margin for the company is 2.00%. Distance from 52-week low is 3.93% and -54.14% from its 52-week high. The company has generated returns on investments over the last 12 months (10.55%).

The EPS is expected to shrink by -29.29% this year.

Ultrapar Participacoes S.A. ADR (UGP) Top Institutional Holders

The shares outstanding are 1.09B, and float is at 1.09B with Short Float at 0.30%.

The top institutional shareholder in the company is BIZMA INVESTIMENTOS LTDA with over 14.08 million shares valued at $55.05 million. The investor’s holdings represent 1.2811% of the UGP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.97 million shares valued at $19.44 million to account for 0.4524 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 3.9 million shares representing 0.3549% and valued at over $15.25 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.3425 of the shares totaling 3.76 million with a market value of $14.71 million.

Ultrapar Participacoes S.A. ADR (UGP) Insider Activity

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