Gerdau S.A. (NYSE:GGB) Touching Most Active List

Session activity on Gerdau S.A.(NYSE:GGB) stock is placing it on today’s most active list. After a recent spot-check, the stock has touched $3.60 which represents a change from the open of 2.13%.

Company shares have been seen trading -18.11% off of the 52 week high and 38.27% away from the 52 week low. Narrowing in, the stock is at a distance of -15.41% from the 50 day high and 11.30% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Gerdau S.A. (NYSE:GGB). At the time of writing, the First Call consensus price target for the company is $3.89. The current consensus recommendation provided by covering analysts is 3.00. This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Since the beginning of the calendar year, the stock is 9.55%. For the quarter, shares have been noted at 2.08%. Share performance for the month is currently at -9.23%. Tightening the gaze, stock performance for the last 5 trading days is -1.43%.

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