Gerdau SA ADR (GGB) is up Wednesday morning, with the stock increasing 1.78% in pre-market trading to 5.14. GGB's short-term technical score of 27 indicates that the stock has traded less bullishly over the last month than 73% of stocks on the market. In the Steel industry, which ranks 54 out of 146 industries, the stock ranks higher than 14% of stocks. Gerdau SA ADR has fallen 3.26% over the past month, closing at $5.09 on December 15. During this period of time, the stock fell as low as $4.72 and as high as $5.22. GGB has an average analyst recommendation of Buy. The company has an average price target of $7.40.
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 47 by this metric, GGB ranks better than 20% of stocks.
Should You Buy Gerdau SA ADR (GGB) Stock Wednesday Morning?
GGB has an Overall Score of 43. Find out what this means to you and get the rest of the rankings on GGB!