Ultrapar Participacoes S.A. ADR (NYSE: UGP) is 2.28% higher on its value in year-to-date trading and has touched a low of $2.53 and a high of $6.34 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 UGP stock was last observed hovering at around $2.77 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $2.69, the stock is 1.80% and -10.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -2.89% at the moment leaves the stock -32.66% off its SMA200. UGP registered -51.53% loss for a year compared to 6-month loss of -36.85%. The firm has a 50-day simple moving average (SMA 50) of $2.9946 and a 200-day simple moving average (SMA200) of $3.9945.
The stock witnessed a -4.27% gain in the last 1 month and extending the period to 3 months gives it a -26.50%, and is -1.10% 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 2.91% over the week and 2.97% over the month.
Ultrapar Participacoes S.A. ADR (UGP) has around 10094 employees, a market worth around $2.93B and $25.46B in sales. Current P/E ratio is 5.86 and Fwd P/E is 8.43. Profit margin for the company is 2.00%. Distance from 52-week low is 6.28% and -57.60% from its 52-week high. The company has generated returns on investments over the last 12 months (10.55%).
with sales reaching $35.15B over the same period.The EPS is expected to shrink by -27.95% this year, but quarterly earnings will post 5.22% year-over-year. Quarterly sales are estimated to grow 5.19% in year-over-year returns.
The shares outstanding are 1.09B, and float is at 1.09B with Short Float at 0.68%.
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.
