Gerdau S.A. (GGBN.MX)
Mexico - Mexico Delayed price. Currency in MXN
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As of 11:24AM CST. Market open.
| Previous close | 58.77 |
| Open | 0.00 |
| Bid | 56.00 x 2600 |
| Ask | 59.00 x 90000 |
| Day's range | 58.77 - 58.77 |
| 52-week range | 57.35 - 85.83 |
| Volume | |
| Avg. volume | 920 |
| Market cap | 123.631B |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 5.65 |
| EPS (TTM) | 10.41 |
| Earnings date | 31 Jul 2024 |
| Forward dividend & yield | 3.87 (6.58%) |
| Ex-dividend date | 17 May 2024 |
| 1y target est | N/A |
Zacks3 Solid Steel Stocks to Bet on Despite the Slump in Prices
Declining prices, along with demand and economic headwinds paint a challenging picture for the steel industry. However, stocks like FSTR, CRS and GGB look promising in the current scenario.
ZacksDown -19.65% in 4 Weeks, Here's Why Gerdau (GGB) Looks Ripe for a Turnaround
Gerdau (GGB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
ZacksIs Gerdau (GGB) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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