Companhia Brasileira de Distribuicao (CBD) saw an uptrend of 4.89% in the recent trading with $14.15 being its most recent. The current price level -35.65% lower than the highest price of $21.99 marked by the stock while trading over the past 52-weeks, whereas it is 50.69% higher than the lowest price of $9.39 the company dropped to over past 52-weeks. The latest news story on CBD appeared in Insider Monkey under the title “Do Hedge Funds Love Companhia Brasileira de Distrib. (CBD)?” on Dec-04-20.
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Squeezing the time span to 30 day period shows us the stock is currently trading -3.81% below one month high and is +6.07% above of the lowest during that time. Looking into the simple moving average, Companhia Brasileira de Distribuicao (CBD)’s stock stands at a SMA-50 of $13.31 while that of 5-day is reading $13.79.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and CBD’s SMA-200 as of now is $12.65.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Companhia Brasileira de Distribuicao (CBD) last released financial results for the quarter that ended 12/30/2019, posting a surprise factor of -57.70% for net revenue. During the reported three-month period, company’s sales were $21.29 billion.
The perspective of Companhia Brasileira de Distribuicao (NYSE:CBD)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.26 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.11.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 268.00 million. CBD does have institutional investors; and they hold 10.50% or $1471.6 of the stock.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Companhia Brasileira de Distribuicao And review of current evaluations agreed by the analysts discloses a Buy rating for CBD. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 7 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Companhia Brasileira de Distribuicao was 0.86 while posting a debt to equity ratio of 2.11. The count was 168.52 for long-term debt to equity ratio.
Companhia Brasileira de Distribuicao’s return on equity, or ROE, is 3.80%, compared to the industry average of 2.65% for Consumer Cyclical – Department Stores. Although this indicates that CBD uses its equity well, the metric will vary significantly depending on the industry.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Companhia Brasileira de Distribuicao (CBD), we notice that the stock’s 20-day average volume is at 365,025 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 406,052 shares. And to end, CBD’s 100-day average volume is 396,117 shares with 100% of the long-term indicators pointing towards Buy for the stock.