Sendas Distribuidora S.A. ADR (NYSE: ASAI) is -63.24% lower on its value in year-to-date trading and has touched a low of $4.95 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 $5.41 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $5.08, the stock is -11.87% and -16.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -6.10% at the moment leaves the stock -48.49% off its SMA200. ASAI registered -58.09% loss for a year compared to 6-month loss of -52.96%. The firm has a 50-day simple moving average (SMA 50) of $6.1472 and a 200-day simple moving average (SMA200) of $9.90645.
The stock witnessed a -19.37% gain in the last 1 month and extending the period to 3 months gives it a -35.37%, and is -8.14% 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 5.45% over the week and 4.68% over the month.
Sendas Distribuidora S.A. ADR (ASAI) has around 80000 employees, a market worth around $1.37B and $13.97B in sales. Current P/E ratio is 11.13 and Fwd P/E is 9.51. Profit margin for the company is 0.89%. Distance from 52-week low is 2.52% and -66.69% from its 52-week high. The company has generated returns on investments over the last 12 months (2.62%).
with sales reaching $20.22B over the same period.The EPS is expected to shrink by -19.81% this year, but quarterly earnings will post 11.53% year-over-year. Quarterly sales are estimated to grow 9.76% in year-over-year returns.
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.
