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

Sendas Distribuidora S.A. (NYSE:ASAI) declared a — dividend on Thursday, January 2nd,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 Stock Down 0.9 %

Shares of ASAI stock traded down $0.04 during midday trading on Thursday, reaching $4.43. 304,147 shares of the stock were exchanged, compared to its average volume of 466,255. Sendas Distribuidora has a 1 year low of $4.05 and a 1 year high of $15.25. The firm has a market cap of $1.20 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 0.44 and a beta of 0.92. The company’s 50 day moving average is $5.64 and its two-hundred day moving average is $7.51. The company has a current ratio of 0.86, a quick ratio of 0.43 and a debt-to-equity ratio of 4.15.

Analyst Ratings Changes

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

About Sendas Distribuidora

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.