Suzano S.A. (NYSE:SUZ) currently has a daily average trading volume of 1.60M but it saw 1196551 shares traded on Thursday. With a market cap of 11.15B USD, stock’s current market price of $8.41 came rising about 0.48 while comparing to the previous closing price of $8.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.68 and as low as $7.70. In the recent trading on the day, stock has struck highest price mark of $8.46 while lowest mark touched by it was $8.28.
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Taking a look at 20-day trading activity of Suzano S.A. (SUZ) gives us an average price of $8.92, while its current price level is -33.70% below from 52-week high level whereas it is 9.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.12 while that of 200 days or SMA-200 reads an average of $9.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.47% during that period while stretching the period over a month that decreases to 2.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.92 which implies that the stock is in neutral territory.
Data by FactSet Research shows that 14 analysts have issued their ratings for the stock. 2 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 8 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, SUZ’s stock price is moving -6.45% down while it is -7.07% when we observe its performance for the past one month. Year-to-date it is -8.98% down and over the past year, the stock is showing a downside performance of -25.02%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of $0.79 beat the consensus estimate of $0.46 for the same. Moreover, analysts are in estimates of $2.85 billion for current-quarter revenue.
Currently, Suzano S.A.’s total number of outstanding shares is 1.31B with 0.00% of that held by the insiders while 2.82% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 2.56. Stock has a price to book (P/B) ratio of 0.33 while price to sale or P/S ratio amounts to 0.22.
As per SEC documents, SPDR S&P Global Natural Resources sought 3,860,885 of company’s common stock of worth $35.25 million as per recent closing price of the stock. SPDR S&P Global Natural Resources is not the only institutional holder which restructured its stake in Suzano S.A., as JOHCM Emerging Markets Opportunit picked 1,480,040 shares of worth $13.51 million to bring its holdings to a total of 0.1 million shares. In the most recent quarter, UBS came rising its stake by 9.65% in the company and now holds 0.9 million or 0.07% of the company’s stake having worth of about 8.21 million.
