Reasons why Gerdau S.A. ADR’s (NYSE:GGB) fundamentals are futile

In Friday’s Wall Street session, Gerdau S.A. ADR (NYSE:GGB) shares traded at $2.57, down -8.21% from the previous session. GGB stock price is now -12.21% away from the 50-day moving average and -18.81% away from the 200-day moving average. The market capitalization of the company currently stands at $3.33B. On May 24, 2024, BofA Securities […]

A secret that hides Gerdau S.A. ADR’s strength (NYSE:GGB)

Stocks of Gerdau S.A. ADR (NYSE:GGB) traded higher last session on Wall Street, up 2.82% to $2.92. GGB stock price is now -0.61% away from the 50-day moving average and -7.93% away from the 200-day moving average. The market capitalization of the company currently stands at $3.79B. On May 24, 2024, BofA Securities Upgraded its […]

Gerdau S.A. ADR (NYSE:GGB): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Gerdau S.A. ADR (NYSE:GGB) last traded at $2.99, down -1.32% from the previous session. GGB stock price is now 1.87% away from the 50-day moving average and -5.84% away from the 200-day moving average. The market capitalization of the company currently stands at $3.88B. On May 24, 2024, BofA Securities Upgraded its […]