|Bid||3.5200 x 4000|
|Ask||3.5300 x 3100|
|Day's Range||3.4700 - 3.5300|
|52 Week Range||1.9700 - 6.6800|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||6.74|
|Forward Dividend & Yield||0.10 (2.97%)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||4.16|
Moody's Investors Service ("Moody's") assigned a Ba1 rating to the $350 million proposed senior unsecured notes to be issued by Ultrapar International S.A. under the same terms and conditions as the $500 million notes due 2029, fully and unconditionally guaranteed by Ultrapar Participações S.A. ("Ultrapar", Ba1/Aaa.br) and Ipiranga Produtos de Petróleo S.A. ("Ipiranga", Ba1/Aaa.br). Proceeds from the proposed notes are part of Ultrapar's liability management strategy and general corporate purposes. The rating of the proposed notes assumes that the final transaction documents will not be materially different from draft legal documentation reviewed by Moody's to date and assume that these agreements are legally valid, binding and enforceable.
In this article you are going to find out whether hedge funds think Ultrapar Participacoes SA (NYSE:UGP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
Brazil's CNPE national energy council approved on Thursday a resolution that establishes rules allowing producers of hydrated ethanol fuel to sell directly to gas station owners, according to a statement. The CNPE has said for more than a year that it was considering tax changes that would allow for direct sales of the biofuel, adding that the measure should increase competitiveness in the sector. Among the fuel distribution companies that stand to benefit are BR Distribuidora, formally Petrobras Distribuidora SA , Raizen, which is a joint venture between Royal Dutch Shell PLC and Cosan SA, and Ipiranga, a unit of Brazil's Ultrapar Participacoes SA.