Barrick Gold Corporation (NYSE:ABX) initiated the shares trading at $17.28 and showed positive change of +0.24% while the stock’s final trade was registered at $ 16.97. However, its previous closing price was seen at $16.93. The stock negotiated total number of 15.6 million shares as compared to 3 months average volume of 18.22 million shares.
The stock price demonstrated downbeat change from its 50 day moving average of 15.37 and had been down from its 200 Day Moving Average of 17.98.
According to ZACKS data, different Brokerage Firms rated ABX stock about their BUY, SELL or HOLD recommendations. 1 Week Ago, shares have been suggested as BUY from 0 brokerage firms and recommended as Strong Buy by 4 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 2 brokerage firms.8 brokerage firms have rated the company as a Hold. The Corporation has average brokerage recommendation (ABR) of 2.71 based on consensus of the brokerage firms issuing ratings.
The average true range of Barrick Gold Corporation’s (ABX) is recorded at 0.64 and the relative strength index of the stock stands 60.91. The stock price is going above to its 52 week low with 130.81% and lagging behind from its 52 week high with -27.52%. Analyst recommendation for this stock stands at 2.40. A look on the firm performance, its monthly performance is 7.47% and a quarterly performance of 8.03%. The stock price is trading downbeat from its 200 days moving average with -4.21% and up from 50 days moving average with 7.44%.
Shares of Gerdau S.A. (NYSE:GGB) climbed +0.84% and ended at $3.59 greater than previous closing price of $3.56. The total 8.91 million shares were bought and sold throughout the most recent trading session less than average volume of 10.94 million shares.
GGB stock has received ratings from many brokerage firms according to ZACKS. 1 Week Ago, shares have been rated as Buy from 0 brokerage firms and 1 brokerage firms say as Strong Buy. 0 brokerage firms have suggested Sell for the company. 0 brokerage firms have recommended as a Hold. Strong Sell rating was given by 1 brokerage firms. The Company has average brokerage recommendation (ABR) of 3 based on consensus of the ZACKS brokerage firms.
Gerdau S.A.’s (GGB) has price-to-cash ratio of 3.49 and price to sale ratio of 0.47. The company net profit margin is -7.60% and gross profit margin is 9.40%. A look on the firm performance, its monthly performance is -12.44% and a quarterly performance of 20.65%. The stock price is moving up from its 20 days moving average with 6.20% and isolated positively from 50 days moving average with 0.31%.