Companhia Brasileira De Distribuicao [CBD] Stock trading around $1.10 per share: What’s Next?

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Companhia Brasileira De Distribuicao [NYSE: CBD] traded at a low on 08/29/23, posting a -12.00 loss after which it closed the day’ session at $1.10.

The results of the trading session contributed to over 4333577 shares changing hands. Over the past one week, the price volatility of Companhia Brasileira De Distribuicao stands at 7.64% while the volatility over the past one month is 4.36%.

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The market cap for CBD stock reached $99.56 million, with 270.00 million shares outstanding and 158.93 million shares in the current float. Compared to the average trading volume of 3.56M shares, CBD reached a trading volume of 4333577 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Companhia Brasileira De Distribuicao [CBD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CBD shares is $3.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CBD stock is a recommendation set at 3.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Companhia Brasileira De Distribuicao shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on April 26, 2023.

The Average True Range (ATR) for Companhia Brasileira De Distribuicao is set at 0.07, with the Price to Sales ratio for CBD stock in the period of the last 12 months amounting to 0.03. The Price to Book ratio for the last quarter was 0.11, with the Price to Cash per share for the same quarter was set at 7.28.

How has CBD stock performed recently?

Companhia Brasileira De Distribuicao [CBD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.66. With this latest performance, CBD shares dropped by -18.89% in over the last four-week period, additionally plugging by 18.12% over the last 6 months – not to mention a drop of -11.78% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CBD stock in for the last two-week period is set at 32.79, with the RSI for the last a single of trading hit 9.58, and the three-weeks RSI is set at 17.38 for Companhia Brasileira De Distribuicao [CBD]. The present Moving Average for the last 50 days of trading for this stock 4.04, while it was recorded at 3.47 for the last single week of trading, and 3.47 for the last 200 days.

Companhia Brasileira De Distribuicao [CBD]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Companhia Brasileira De Distribuicao [CBD] shares currently have an operating margin of -0.39 and a Gross Margin at +19.46. Companhia Brasileira De Distribuicao’s Net Margin is presently recorded at -5.94.

Return on Total Capital for CBD is now -0.24, given the latest momentum, and Return on Invested Capital for the company is -4.43. Return on Equity for this stock declined to -8.17, with Return on Assets sitting at -2.15. When it comes to the capital structure of this company, Companhia Brasileira De Distribuicao [CBD] has a Total Debt to Total Equity ratio set at 85.75. Additionally, CBD Total Debt to Total Capital is recorded at 46.16, with Total Debt to Total Assets ending up at 22.02. Long-Term Debt to Equity for the company is recorded at 72.84, with the Long-Term Debt to Total Capital now at 39.21.

Receivables Turnover for the company is 7.38 with a Total Asset Turnover recorded at a value of 0.36.Companhia Brasileira De Distribuicao’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.60.

Insider trade positions for Companhia Brasileira De Distribuicao [CBD]

The top three institutional holders of CBD stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in CBD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in CBD stock with ownership which is approximately 5.7381%.

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