Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ultrapar Participacoes SA (ADR) before investing.

In this article, we go over a few key elements for understanding Ultrapar Participacoes SA (ADR)’s stock price such as:

• Ultrapar Participacoes SA (ADR)’s current stock price and volume
• Why Ultrapar Participacoes SA (ADR)’s stock price changed recently
• Upgrades and downgrades for UGP from analysts
• UGP’s stock price momentum as measured by its relative strength

About Ultrapar Participacoes SA (ADR) (UGP)

Before we jump into Ultrapar Participacoes SA (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Ultrapar Participacoes SA is a Brazil-based company primarily engaged in the automotive fuel retail. The Company operates in five segments: Gas distribution (Ultragaz), which distributes liquefied petroleum gas (LPG) to residential, commercial and industrial consumers in the South, Southeast and Northeast regions of Brazil; Fuel distribution (Ipiranga), which operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles and lubricants, as well as provides related activities across the Brazilian territory; Chemicals (Oxiteno), which produces ethylene oxide, as well as its primary derivatives and fatty alcohols; Storage (Ultracargo), which operates liquid bulk terminals, primarily in the Southeast and Northeast regions of Brazil, and Drugstores (Extrafarma), which trades pharmaceutical, hygiene and beauty products through its drugstore chain in the states of Para and Piaui, among others.

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Ultrapar Participacoes SA (ADR)’s Stock Price as of Market Close

As of February 29, 2024, 4:00 PM, CST, Ultrapar Participacoes SA (ADR)’s stock price was $5.92.

Ultrapar Participacoes SA (ADR) is down 4.52% from its previous closing price of $6.20.

During the last market session, Ultrapar Participacoes SA (ADR)’s stock traded between $6.14 and $6.28. Currently, there are 1,095.19 million shares of Ultrapar Participacoes SA (ADR) stock available for purchase.

Ultrapar Participacoes SA (ADR)’s price-earnings (P/E) ratio is currently at 15.6, which is high compared to the Oil & Gas - Refining and Marketing industry median of 12.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ultrapar Participacoes SA (ADR) Stock Price History

Ultrapar Participacoes SA (ADR)’s (UGP) price is currently up 3.68% so far this month.

During the month of February, Ultrapar Participacoes SA (ADR)’s stock price has reached a high of $6.35 and a low of $5.49.

Over the last year, Ultrapar Participacoes SA (ADR) has hit prices as high as $6.35 and as low as $2.42. Year to date, Ultrapar Participacoes SA (ADR)’s stock is up 144.63%.

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What Caused Ultrapar Participacoes SA (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of February 28, 2024,, no analysts have changed their rating of Ultrapar Participacoes SA (ADR)’s stock over the last month.

Additionally, you'll want to evaluate Ultrapar Participacoes SA (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ultrapar Participacoes SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ultrapar Participacoes SA (ADR)’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ultrapar Participacoes SA (ADR) (UGP) by visiting AAII Stock Evaluator.

Relative Price Strength of Ultrapar Participacoes SA (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 28, 2024, Ultrapar Participacoes SA (ADR) has a weighted four-quarter relative price strength of 16.23%, which translates to a Momentum Score of 91 and is considered to be Very Strong.

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Ultrapar Participacoes SA (ADR) Stock Price: Bottom Line

As of February 29, 2024, Ultrapar Participacoes SA (ADR)’s stock price is $5.92, which is down 4.52% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ultrapar Participacoes SA (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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