Sendas Distribuidora (OTCMKTS:ASAIY) Shares Down 7.9% – Should You Sell?
by Amy Steele · The Cerbat GemShares of Sendas Distribuidora S.A. Sponsored ADR (OTCMKTS:ASAIY – Get Free Report) were down 7.9% during trading on Friday . The company traded as low as $6.5320 and last traded at $6.5320. Approximately 4,488 shares changed hands during trading, a decline of 95% from the average daily volume of 86,156 shares. The stock had previously closed at $7.09.
Analysts Set New Price Targets
Separately, Citigroup downgraded Sendas Distribuidora from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.
Get Our Latest Research Report on Sendas Distribuidora
Sendas Distribuidora Stock Performance
The stock has a fifty day moving average price of $8.06. The company has a market capitalization of $1.76 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.43 and a beta of 0.81. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.12 and a quick ratio of 0.54.
Sendas Distribuidora Company Profile
Sendas Distribuidora SA is a Brazilian retail and distribution company that operates in the grocery and consumer goods sector. The company’s core activities include operating retail outlets and managing distribution operations that supply food, beverages, household products and personal-care items to end consumers and commercial customers. Its business model centers on combining in-store retailing with logistics and supply-chain services to move fast‑moving consumer goods across its network.
Product categories handled by Sendas typically include fresh and packaged foods, dairy and frozen goods, beverages, cleaning and household supplies, and health and beauty products.