Ultrapar Participacoes S.A. ADR (NYSE:UGP) shares, rose in value, with the stock price up by 2.76% to the previous day’s close as strong demand from buyers drove the stock to $5.22.
Actively observing the price movement in the last trading, the stock closed the session at $5.08. The PE ratio was 11.71 over 12-month period. Referring to stock’s 52-week performance, its high was $6.34, and the low was $2.74. On the whole, UGP has fluctuated by -7.77% over the past month.
The company’s Forward Dividend Ratio is 0.13, with its dividend yield at 2.51%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 25.25B, with a low estimate of 5.75B and a high estimate of 6.2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.98B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UGP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.49, with the price of UGP currently trading nearly -2.83% and -8.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.94, while the 7-day volatility ratio is showing 2.38% which for the 30-day chart, stands at 2.76%. Furthermore, Ultrapar Participacoes S.A. ADR (UGP)’s beta value is 1.63, and its average true range (ATR) is 0.15.
A comparison of Ultrapar Participacoes S.A. ADR (UGP) with its peers suggests the former has fared considerably weaker in the market. UGP showed an intraday change of 2.76% in last session, and over the past year, it grew by 89.13%%.
Data on historical trading for Ultrapar Participacoes S.A. ADR (NYSE:UGP) indicates that the trading volumes over the past 3 months, they’ve averaged 1.52 million. According to company’s latest data on outstanding shares, there are 1.09 billion shares outstanding.
Ultrapar Participacoes S.A. ADR’s shares belong to company insiders and institutional investors own 3.85% of the company’s shares. The stock has fallen by -3.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UGP stock heading into the next quarter.
