Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE: SBS) Gains 2.52% And Its 1.54% Stock Volatility Is Bewildering

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE:SBS) does about 1.46M shares in volume on a normal day but saw 987494 shares change hands in the recent trading day. The company now has a market cap of 11.95B USD. Its current market price is $17.49, marking an increase of 2.52% compared to the previous close of $17.06. The 52 week high reached by this stock is $18.36 whilst the lowest price level in 52 weeks is $11.10.

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) has a 20-day trading average at $17.29 and the current price is -4.74% off the 52-week high compared with 57.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $16.52 and its 200-day simple moving average is $15.56. If we look at the stock’s price movements over the week, volatility stands at 1.54%, which increases to 1.66% 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 59.35 to suggest the stock is neutral.

The consensus objective for the share price is $21.94, suggesting that the stock has a potential upside of 20.28% over the period.

The current price level is 0.95%, 6.20%, and 13.54% away from its SMA20, SMA50, and SMA200 respectively, with the SBS price moving above the 50-day SMA on current market day. Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) stock is up 2.82% over the week and -3.00% over the past month. Its price is 16.79% year-to-date and 41.51% over the past year.

To reach the target analysts have set, the stock logically needs to grow 20.28 percent from here.

Outstanding shares total 683.51M with insiders holding 15.00% of the shares and institutional holders owning 10.42% of the company’s common stock. The company has a return on investment of 8.81% and return on equity of 13.88%. The price to earnings ratio (P/E ratio) amounts to 14.74 while the forward price to earnings ratio is 15.00. The beta has a value of 1.16. Price to book ratio is 2.09 and price to sales ratio is 2.21.