Companhia de Saneamento Basico do Estado de Sao Paulo [SBS] has traded in a range of $5.36 to $14.89 in the last 1 year. As of this writing, the stock is at $8.35, up 0.12%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, SBS shares are -3.36% down with the monthly amount drift of 3.35% and seems well in a long time frame.

On 12, November 2020, Sabesp – Material Fact. According to news published on Yahoo Finance, The Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company”), in compliance with Rule No. 358 issued by the Brazilian Securities and Exchange Commission (“CVM”), dated as of January 3, 2002, as amended, hereby informs its shareholders and the market in general that, on this date, it was approved, in the 930th meeting of the Board of Directors of the Company, the 27th issuance of simple, unsecured and non-convertible debentures, in up to three series, for public distribution, with restricted placement efforts, pursuant to CVM Rule No. 476, dated as of January 16, 2009, as amended (“CVM Rule 476”), in the total amount of one billion reais (R$ 1,000,000,000.00) (“Debentures” and “Offer”, respectively), on the respective issuance date, provided that it shall not be admitted partial distribution of the Debentures.

Analyst Birdseye View:

The most recent analyst activity for Companhia de Saneamento Basico do Estado de Sao Paulo [NYSE:SBS] stock was on November 14, 2019, when it was Initiated with a Neutral rating from Goldman. On January 16, 2019, Citigroup Downgrade a Sell rating. On May 14, 2018, Citigroup Upgrade a Neutral rating. On April 04, 2018, JP Morgan Downgrade a Neutral rating. On March 12, 2018, Janney Downgrade a Neutral rating. On November 27, 2017, JP Morgan Upgrade an Overweight rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $5.36 and a peak of $14.89. Right now, the middling Wall Street analyst 12-month amount mark is $11.04. At the most recent market close, shares of Companhia de Saneamento Basico do Estado de Sao Paulo [NYSE:SBS] were valued at $8.35. According to the average price forecast, investors can expect a potential return of -11.78%.

FUNDAMENTAL ANALYSIS

This publicly-traded organization’s revenue is $1,289,613 per employee, while its income is $241,486 per employee. This company’s Gross Margin is currently 43.30%, its Operating Margin is 23.60%, its Pretax Margin is +25.99, and its Net Margin is +18.73. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 7.40, 16.35, 16.95 and 10.76 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 37.89 and the whole liability to whole assets at 28.41. It shows enduring liability to the whole principal at 29.81 and enduring liability to assets at 0.22 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 8.17 points at 1st support level, the second support level is making up to 7.99. But as of 1st resistance point, this stock is sitting at 8.45 and at 8.55 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Companhia de Saneamento Basico do Estado de Sao Paulo [NYSE:SBS] is 1.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.35. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.30, it’s amount to book ratio is 1.91 and showing 15.68 of P/E (TTM) ratio.