Sendas Distribuidora S.A. ADR (NYSE: ASAI) is 6.26% higher on its value in year-to-date trading and has touched a low of $3.99 and a high of $14.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASAI stock was last observed hovering at around $4.59 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $4.67, the stock is 1.94% and -14.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 1.74% at the moment leaves the stock -47.30% off its SMA200. ASAI registered -67.24% loss for a year compared to 6-month loss of -54.68%. The firm has a 50-day simple moving average (SMA 50) of $5.5628 and a 200-day simple moving average (SMA200) of $9.0585.
The stock witnessed a -6.32% gain in the last 1 month and extending the period to 3 months gives it a -23.27%, and is 6.26% up 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 4.37% over the week and 5.00% over the month.
Sendas Distribuidora S.A. ADR (ASAI) has around 80000 employees, a market worth around $1.26B and $13.97B in sales. Current P/E ratio is 10.23 and Fwd P/E is 9.12. Profit margin for the company is 0.89%. Distance from 52-week low is 17.13% and -68.85% 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 -21.60% 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.
