Stock Price of Gerdau S.A. (GGB) Increases 2.23%

Gerdau S.A.s in-depth stock price analysis indicates that the stock price has rallied 6.46% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 48.74% . Looking at the past 52 week period, the stock price is up at 331.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Gerdau S.A. has a positive value of 76.41 compared to overall market. Gerdau S.A. (NYSE:GGB) has climbed 2.23% in the past week and advanced 1.73% in the last 4 weeks. The company has outperformed the S&P 500 by 1.41% in the past week but underperformed the index by 0.09% in the last 4 weeks.

Gerdau S.A. (NYSE:GGB) : On Friday heightened volatility was witnessed in Gerdau S.A. (NYSE:GGB) which led to swings in the share price. The stock opened for trading at $4.03 and hit $4.12 on the upside , eventually ending the session at $4.12, with a gain of 3.52% or 0.14 points. The heightened volatility saw the trading volume jump to 8,041,253 shares. The 52-week high of the share price is $4.305 and the company has a market cap of $7,035 million. The 52-week low of the share price is at $0.8718 .

GERDAU S.A. throughout its 101 years of activities, they are largest long steel producer in Latin America, and have made an important contribution in building the history of the Brazilian industry. Gerdau Group dedicates itself to meeting the growing demands of several dynamic industries involved in the production of goods and in the development of the economy. Gerdau steel is used in construction and industry as well as in the automotive and agricultural sectors.


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