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Gerdau SA ADR (GGB) is lower by 3.78% Monday In Premarket Trading

Monday, November 20, 2023 07:02 AM | InvestorsObserver Analysts

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Gerdau SA ADR (GGB) is lower by 3.78% Monday In Premarket Trading

Gerdau SA ADR (GGB) has fallen Monday morning, with the stock decreasing -3.78% in pre-market trading to 4.83. GGB's short-term technical score of 59 indicates that the stock has traded more bullishly over the last month than 59% of stocks on the market. In the Steel industry, which ranks 27 out of 146 industries, the stock ranks higher than 48% of stocks. Gerdau SA ADR has risen 17.84% over the past month, closing at $4.34 on October 23. During this period of time, the stock fell as low as $4.29 and as high as $5.05. GGB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.30.

Overall Score - 36
GGB has an Overall Score of 36. Find out what this means to you and get the rest of the rankings on GGB!
Gerdau SA ADR has a Long-Term Technical rank of 44. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 56% of the market scoring higher. In the Steel industry which is number 34 by this metric, GGB ranks better than 34% of stocks.

Important Dates for Investors in GGB:

-Gerdau SA ADR is set to release earnings on 2024-02-04. Over the last 12 months, the company has reported EPS of $13.06. -We do not have a set dividend date for Gerdau SA ADR at this time. Click Here To Get The Full Report on Gerdau SA ADR (GGB)

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