|Bid||4.7600 x 45100|
|Ask||4.8300 x 38800|
|Day's Range||4.6400 - 4.8400|
|52 Week Range||3.9400 - 6.6200|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||3.60|
|Forward Dividend & Yield||0.52 (11.04%)|
|Ex-Dividend Date||May 17, 2022|
|1y Target Est||8.61|
Brazilian steelmaker Gerdau SA on Wednesday reported second-quarter net profit up 9.3% year-on-year, roughly matching expectations as it hiked prices in line with international markets. Gerdau said in a securities filing it believed in a favorable outlook for steel consumption despite global uncertainties including an economic slowdown and soaring inflation. The company's quarterly net profit reached 4.3 billion reais ($815 million), driven by sequential sales growth in the local market and a strong performance in North America, where it said it had been operating at full capacity.
Gerdau (GGB) closed the most recent trading day at $4.72, moving +0.43% from the previous trading session.