2 weeks Ago By ABMN Staff
Sendas Distribuidora S.A. ( NYSE:ASAI – Get Free Report ) was the target of a significant growth in short interest in September.
As of September 15th, there was short interest totalling 5,640,000 shares, a growth of 155.2% from the August 31st total of 2,210,000 shares. Based on an average trading volume of 429,500 shares, the short-interest ratio is presently 13.
1 days. Institutional Inflows and Outflows Hedge funds have recently added to or reduced their stakes in the company. SageView Advisory Group LLC bought a new position in Sendas Distribuidora in the first quarter valued at about $69,000.
PNC Financial Services Group Inc. increased its position in Sendas Distribuidora by 29.7% during the 4th quarter.
PNC Financial Services Group Inc. now owns 7,479 shares of the company’s stock worth $103,000 after purchasing an additional 1,713 shares in the last quarter. Privium Fund Management B.
V. increased its position in Sendas Distribuidora by 26.3% during the 2nd quarter.
Privium Fund Management B.V. now owns 13,928 shares of the company’s stock worth $122,000 after purchasing an additional 2,900 shares in the last quarter.
Jump Financial LLC bought a new position in Sendas Distribuidora in the 4th quarter valued at approximately $143,000. Finally, Bayesian Capital Management LP acquired a new stake in Sendas Distribuidora in the first quarter valued at approximately $160,000. 8.
76% of the stock is owned by institutional investors. Analysts Set New Price Targets Several analysts have weighed in on the stock. JPMorgan Chase & Co.
cut shares of Sendas Distribuidora from an “overweight” rating to a “neutral” rating and set a $10.50 price objective for the company. in a research note on Monday, September 9th.
Hsbc Global Res raised shares of Sendas Distribuidora to a “strong-buy” rating in a report on Tuesday. Finally, Bank of America cut Sendas Distribuidora from a “buy” rating to a “neutral” rating and set a $9.10 price target for the company.
in a research note on Friday, September 13th. Sendas Distribuidora Price Performance Shares of NYSE ASAI traded up $0.14 during mid-day trading on Friday, reaching $7.
52. The company had a trading volume of 278,451 shares, compared to its average volume of 344,413. The firm has a market cap of $2.
03 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 0.61 and a beta of 1.
04. The business’s 50-day simple moving average is $8.58 and its 200 day simple moving average is $11.
02. Sendas Distribuidora has a one year low of $6.94 and a one year high of $15.
25. The company has a debt-to-equity ratio of 4.18, a quick ratio of 0.
45 and a current ratio of 0.84. Sendas Distribuidora ( NYSE:ASAI – Get Free Report ) last released its earnings results on Thursday, August 8th.
The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.
02. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.
60 billion. Sendas Distribuidora had a net margin of 0.95% and a return on equity of 14.
49%. On average, research analysts predict that Sendas Distribuidora will post 0.43 earnings per share for the current fiscal year.
Sendas Distribuidora Company Profile ( Get Free Report ) Sendas Distribuidora SA engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. The company serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals. Featured Articles Receive News & Ratings for Sendas Distribuidora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sendas Distribuidora and related companies with MarketBeat.
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