Sendas Distribuidora S.A. (ASAI) To Go Ex-Dividend on January 10th

Sendas Distribuidora S.A. (NYSE:ASAI) declared a — dividend on Tuesday, December 31st,Wall Street Journal reports. Investors of record on Friday, January 10th will be given a dividend of 0.0488 per share on Friday, March 7th. The ex-dividend date is Friday, January 10th.

Sendas Distribuidora Price Performance

Sendas Distribuidora stock traded down $0.04 during mid-day trading on Thursday, reaching $4.43. 304,158 shares of the company’s stock traded hands, compared to its average volume of 466,255. Sendas Distribuidora has a 12-month low of $4.05 and a 12-month high of $15.25. The company has a quick ratio of 0.43, a current ratio of 0.86 and a debt-to-equity ratio of 4.15. The stock has a 50 day moving average of $5.64 and a two-hundred day moving average of $7.51. The company 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.

Analyst Upgrades and Downgrades

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

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.