Sendas Distribuidora S.A. Sponsored ADR (OTCMKTS:ASAIY – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 78,771 shares changed hands during trading, an increase of 164% from the average daily volume of 29,821 shares. The stock last traded at $8.07 and had previously closed at $8.04.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Sendas Distribuidora from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on Sendas Distribuidora
Sendas Distribuidora Price Performance
The company has a debt-to-equity ratio of 3.83, a current ratio of 1.12 and a quick ratio of 0.61. The firm has a market cap of $2.19 billion, a P/E ratio of 9.18, a PEG ratio of 0.11 and a beta of 0.85. The stock’s 50-day simple moving average is $10.14 and its two-hundred day simple moving average is $8.87.
Sendas Distribuidora (OTCMKTS:ASAIY – Get Free Report) last announced its earnings results on Friday, November 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. The business had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.81 billion. Sendas Distribuidora had a net margin of 1.27% and a return on equity of 12.02%. Equities research analysts forecast that Sendas Distribuidora S.A. Sponsored ADR will post 1.29 earnings per share for the current fiscal year.
About Sendas Distribuidora
Sendas Distribuidora S.A. operates Assaí Atacadista, a Brazilian cash-and-carry retailer serving both businesses and individual shoppers. Its stores sell food and beverages alongside cleaning supplies, personal-care products and other household goods, generally offering bulk and individual purchasing options. The company serves customers throughout Brazil through a nationwide store network. Its assortment includes groceries and fresh foods, with products and formats aimed at retailers, restaurants and other commercial buyers as well as households.
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