Sendas Distribuidora S.A. (NYSE:ASAI) Plans $0.05 — Dividend

Sendas Distribuidora S.A. (NYSE:ASAI) announced a — dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Friday, January 10th will be paid a dividend of 0.0488 per share on Friday, March 7th. The ex-dividend date of this dividend is Friday, January 10th.

Sendas Distribuidora Stock Down 0.9 %

Shares of ASAI stock traded down $0.04 during mid-day trading on Thursday, hitting $4.43. The company’s stock had a trading volume of 304,147 shares, compared to its average volume of 466,255. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 9.63, a PEG ratio of 0.44 and a beta of 0.92. The company has a debt-to-equity ratio of 4.15, a quick ratio of 0.43 and a current ratio of 0.86. Sendas Distribuidora has a 52-week low of $4.05 and a 52-week high of $15.25. The business has a 50-day moving average price of $5.64 and a 200 day moving average price of $7.51.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Bank of America cut shares of Sendas Distribuidora from a “buy” rating to a “neutral” rating and set a $9.10 target price on the stock. in a research note on Friday, September 13th. JPMorgan Chase & Co. downgraded shares of Sendas Distribuidora from an “overweight” rating to a “neutral” rating and set a $10.50 price objective on the stock. in a research report on Monday, September 9th. Finally, Hsbc Global Res raised shares of Sendas Distribuidora to a “strong-buy” rating in a research report on Tuesday, September 24th.

Sendas Distribuidora Company Profile

Sendas Distribuidora SA engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. The company serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals.