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

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

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

About Sendas Distribuidora SA (ADR) (ASAI)

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

Sendas Distribuidora SA, also known as Assai Atacadista, is a Brazil-based company mainly engaged in the food distribution sector. The Firm's activities are divided into two operational segments: Cash & Carry and Retail. Through the Cash & Carry segment, the Company offers food, bazaar items and other products to wholesale customers, through self-service stores operated in Brazil under the Assai brand name. The Retail segments includes operations of hypermarkets, supermarkets and convenience shops under following brands: Exito, Carulla, Surtimaorista, Surtimax, Super Inter and Viva Malls in Colombia; Devoto, Disco and Geant in Uruguay; and Libertad, Mini Libertad and Paseo Libertad Malls in Argentina.

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Sendas Distribuidora SA (ADR)’s Stock Price as of Market Close

As of March 22, 2024, 4:00 PM, CST, Sendas Distribuidora SA (ADR)’s stock price was $14.36.

Sendas Distribuidora SA (ADR) is down 4.14% from its previous closing price of $14.98.

During the last market session, Sendas Distribuidora SA (ADR)’s stock traded between $14.75 and $15.02. Currently, there are 270.00 million shares of Sendas Distribuidora SA (ADR) stock available for purchase.

Sendas Distribuidora SA (ADR)’s price-earnings (P/E) ratio is currently at 28.4, which is high compared to the Food Retail & Distribution industry median of 21.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Sendas Distribuidora SA (ADR) Stock Price History

Sendas Distribuidora SA (ADR)’s (ASAI) price is currently up 0.98% so far this month.

During the month of March, Sendas Distribuidora SA (ADR)’s stock price has reached a high of $15.13 and a low of $13.96.

Over the last year, Sendas Distribuidora SA (ADR) has hit prices as high as $16.01 and as low as $10.44. Year to date, Sendas Distribuidora SA (ADR)’s stock is down 21.57%.

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What Caused Sendas Distribuidora 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?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 21, 2024, there were analysts who downgraded Sendas Distribuidora SA (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Sendas Distribuidora 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 Sendas Distribuidora SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Sendas Distribuidora 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 Sendas Distribuidora SA (ADR) (ASAI) by visiting AAII Stock Evaluator.

Relative Price Strength of Sendas Distribuidora 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 March 21, 2024, Sendas Distribuidora SA (ADR) has a weighted four-quarter relative price strength of -4.81%, which translates to a Momentum Score of 55 and is considered to be Average.

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Sendas Distribuidora SA (ADR) Stock Price: Bottom Line

As of March 22, 2024, Sendas Distribuidora SA (ADR)’s stock price is $14.36, which is down 4.14% 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 Sendas Distribuidora 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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