Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE: SBS) Stock Declined -0.81% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE:SBS) does about 886.12K shares in volume on a normal day but saw 866235 shares change hands in Friday trading. The company now has a market cap of 10.85B USD. Its current market price is $15.87, marking an increase of 1.02% compared to the previous close of $15.71. The 52 week high reached by this stock is $16.84 whilst the lowest price level in 52 weeks is $8.61.

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) has a 20-day trading average at $15.93 and the current price is -5.74% off the 52-week high compared with 84.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $15.96 and its 200-day simple moving average is $13.93. If we look at the stock’s price movements over the week, volatility stands at 1.93%, which increases to 2.09% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.36 to suggest the stock is neutral.

The consensus objective for the share price is $18.10, suggesting that the stock has a potential upside of 12.32% over the period.

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) stock is down -0.81% over the week and -2.62% over the past month. Its price is 6.08% year-to-date and 81.33% over the past year.

To reach the target analysts have set, the stock logically needs to grow 12.32 percent from here.

The company has a return on investment of 7.34% and return on equity of 12.48%. The price to earnings ratio (P/E ratio) amounts to 15.35 while the forward price to earnings ratio is 11.34. The beta has a value of 1.22. Price to book ratio is 1.76 and price to sales ratio is 2.12.