Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE: SBS) – Time For Strategy Change?

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE:SBS) currently has a daily average trading volume of 1.45M but it saw 1390969 shares traded in last market. With a market cap of 11.72B USD, the company’s current market price of $17.14 came rising about 0.94 while comparing to the previous closing price of $16.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.36 and as low as $11.10. In the recent trading on the day, stock has struck highest price mark of $16.94 while lowest mark touched by it was $17.165.

Taking a look at 20-day trading activity of Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) gives us an average price of $17.55, while its current price level is -6.64% below from 52-week high level whereas it is 54.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.09 while that of 200 days or SMA-200 reads an average of $15.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.58% during that period while stretching the period over a month that increases to 1.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.67 which implies that the stock is in neutral territory.

Over the week, SBS’s stock price is moving -1.04% down while it is 8.34% when we observe its performance for the past one month. Year-to-date it is 14.45% up and over the past year, the stock is showing an upside performance of 48.35%.

Currently, Companhia de Saneamento Basico do Estado de Sao Paulo. ADR’s total number of outstanding shares is 683.51M. Company’s return on investment (ROI) stands at 8.81% and return on equity (ROE) at 13.88%. It has a price to earnings ratio (P/E ratio) of 14.45 while having a 14.70 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 2.05 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 6.82% on average.