GGB - Gerdau S.A.
| Previous Close | 1.8600 |
| Open | 1.8300 |
| Bid | 1.7100 x 21500 |
| Ask | 1.7200 x 39400 |
| Day's Range | 1.7100 - 1.8500 |
| 52 Week Range | 1.6500 - 5.3400 |
| Volume | 7,733,693 |
| Avg. Volume | 12,809,522 |
| Market Cap | 2.893B |
| Beta (5Y Monthly) | 1.97 |
| PE Ratio (TTM) | 20.84 |
| EPS (TTM) | 0.0830 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.02 (1.32%) |
| Ex-Dividend Date | Mar 01, 2020 |
| 1y Target Est | 21.52 |
- Reuters
Brazil steelmakers shut down blast furnaces as coronavirus hurts demand
Brazil steelmaker Gerdau on Friday announced several production cuts, including temporarily shutting down one of its blast furnaces, following in the footsteps of its domestic competitors as the coronavirus outbreak has harmed demand. Overall, Brazil's steelmakers have been cutting down on steel production since the outbreak began affecting markets. In the past few days, in addition to Gerdau, Usinas Siderurgicas de Minas Gerais said on Thursday it would shut down two more blast furnaces, bringing the total to four.
- Moody's
St. Paul Port Authority, MN -- Moody's affirms Gerdau's Ba1 ratings; changes outlook to stable
Moody's Investors Service ("Moody's") affirmed Gerdau S.A. ("Gerdau")'s Ba1 corporate family rating and the Ba1 ratings of the debt issues of Gerdau Trade Inc. (guaranteed by Gerdau S.A. and its operating subsidiaries in Brazil) and of GTL Trade Finance Inc. (guaranteed by Gerdau S.A. and its operating subsidiaries in Brazil), as well as the solid waste disposal bonds issued by St. Paul Port Authority, MN (guaranteed by Gerdau S.A.). The outlook for the ratings was changed to stable from positive.
- Insider Monkey
Gerdau SA (GGB): Are Hedge Funds Right About This Stock?
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- Zacks
GGB vs. NUE: Which Stock Should Value Investors Buy Now?
GGB vs. NUE: Which Stock Is the Better Value Option?
- Zacks
The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Newmont, Daqo New Energy and Gerdau
The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Newmont, Daqo New Energy and Gerdau
- Zacks
5 Basic Materials Stocks to Buy Despite the Coronavirus Rout
The bloodbath in commodities amid the pandemic has cast a pall over several industries in the Basic Materials space.
- Thomson Reuters StreetEvents
Edited Transcript of GGB earnings conference call or presentation 26-Feb-20 10:00pm GMT
Q2 2020 Green Growth Brands Inc Earnings Call
- MarketWatch
From cash to ash: Pot companies have just months to live on average, study finds
The largest Canadian marijuana companies have less than a year’s worth of cash left on average, according to a new study.
- Zacks
Here is Why Growth Investors Should Buy Gerdau (GGB) Now
Gerdau (GGB) possesses solid growth attributes, which could help it handily outperform the market.
- Zacks
Is Gerdau (GGB) a Suitable Stock for Value Investors Now?
Let's see if Gerdau S.A. (GGB) stock is a good choice for value-oriented investors right now from multiple angles.
- Zacks
Is Gerdau (GGB) a Solid Growth Stock? 3 Reasons to Think " Yes "
Gerdau (GGB) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- Zacks
Find Cheap Highly-Ranked Stocks Trading Under $10 for 2020
Find Cheap Highly-Ranked Stocks Trading Under $10 for 2020
- Zacks
5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020
As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.
- Zacks
Gerdau (GGB) is an Incredible Growth Stock: 3 Reasons Why
Gerdau (GGB) could produce exceptional returns because of its solid growth attributes.
- Insider Monkey
Is Gerdau SA (GGB) A Good Stock To Buy?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]
- Reuters
Sweden's SKF signs performance-based contract with Brazilian steelmaker Gerdau
Swedish bearings maker SKF has signed a performance-based deal with Brazil's largest steelmaker, Gerdau, aimed at increasing productivity and reducing unplanned downtime at two of Gerdau's steel mills. SKF sees such contracts, where it gets paid a fee based on pre-agreed performance levels of the customer's machinery rather than its traditional transaction-based model, as a major part of its future strategy. SKF claims it can help clients boost output, cut maintenance costs and at the same time make operations more sustainable, by working in the performance-based model.
- Reuters
Brazil in touch with U.S. officials on surprise steel, aluminum tariffs -source
The Brazilian government is in touch with the U.S. Trade Representative's office and other agencies about U.S. President Donald Trump's surprise decision to restore tariffs on Brazilian steel and aluminum, according to a source familiar with Brasilia's reaction. The source, who was not authorised to speak publicly, rejected the U.S. claim that the Brazilian government was manipulating its real currency, noting the central bank of Brazil had recently intervened to strengthen - not weaken - the real.
- Reuters
Brazil steel industry body "perplexed" by Trump tariff move
Brazil's main steel industry body said on Monday that it was "perplexed" by U.S. President Trump's decision to restore tariffs on Brazilian steel and aluminum, calling the move "retaliation" and saying that the Brazilian government was not artificially devaluing its real currency. In a statement, the body, known as Instituto Aco Brasil, said the decision ultimately hurts U.S. steelmakers who are dependent on Brazilian steel components for their operations.
- Reuters
UPDATE 9-Trump, citing U.S. farmers, slaps metal tariffs on Brazil, Argentina
WASHINGTON/RIO DE JANEIRO, Dec 2 (Reuters) - U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing tariffs on U.S. steel and aluminum imports from the two countries in a measure that shocked South American officials and left them scrambling for answers.
- Zacks
Gerdau (GGB) Catches Eye: Stock Jumps 8.1%
Gerdau (GGB) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
- American City Business Journals
Growing Dayton-based logistics company looks to expand footprint
A growing logistics company headquartered in Dayton is eyeing a new market. Iuvo Logistics, a transportation management solutions provider that in 2019 was named one of the fastest-growing private companies in the nation, plans to invest millions of dollars to expand its presence in the midwest. Company leaders David White and James Dowd told me Iuvo is expanding in several areas — including in Cincinnati, Chicago and Memphis — but its main focus is further south.
