Stocks to Keep Your Eyes on: Gerdau S.A. (NYSE:GGB) , Gray Television, Inc. (NYSE:GTN)

On 4/11/2017, Shares of Gerdau S.A. (NYSE:GGB) closed at $3.18 in last trading day. After noting the initial trading entry at $3.26, it reached to a day’s high of $3.27 and moved to a day’s low of $3.12. The recent daily volume was 13.62 million as contrast to it’s an average volume of 9.18 million.

Technical Indicators:

The last close of the Gerdau S.A. stock reflects that it traded -16.06% from its 50-day moving average of $3.79. The stock traded below -12.12% to its 200-day MA of $3.62. Furthermore, it moved lower -27.56% from its 52-week high of $4.39 and +112.00% up from $1.50, which is 52-week low of the stock.

Gerdau S.A.’s (GGB) moved with shift of -9.14% in the past week. Over the last three months, the shares of the company have changed -14.52% and performed 5.81% over the last six months. The stock currently has Monthly Volatility of 5.12% and Weekly Volatility of 5.28%.

Gerdau S.A. provides steel-related products and services worldwide. The company operates through Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, including rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, as well as mines and produces iron ore. It also produces special steel products for use in auto parts, light and heavy vehicles, and agricultural machinery, as well as oil and gas, wind energy, machinery and equipment, mining and rail, and others markets. In addition, it provides Flat Products, such as hot rolled coils and heavy plates; and resells flat steel products. The company sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in Porto Alegre, Brazil. Gerdau S.A. is a subsidiary of Metalurgica Gerdau S.A.

Gray Television, Inc. (NYSE:GTN) finalized the last transaction at value of $14.50. The company maintained volume of 494.21 thousand shares. In past trading day, the stock hit the maximum price of $14.68 and touched to minimum value of $14.30. It has a market cap of $ 1.04B.

Technical Indicators:

As of last trade close, the stock is trading  downside -3.97% from its one year high of $15.10 and moved +107.14% upward from $7.00, which is one year low of the stock.

The stock traded above +3.20% from its 50-day moving average of $14.05. Furthermore, the stock moved up +27.75% to its 200-day MA of $ 11.35.

During the last month, Gray Television, Inc.’s (GTN) has changed 1.05% and performed 43.28% over the last 6 months. The mean rating score for this stock is at 1.20. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 3.72% in recent month and observed Weekly Volatility of 2.94%.

Gray Television, Inc., a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 21, 2017, it owned and operated television stations in 54 television markets broadcasting approximately 200 program streams comprising 37 channels affiliated with the CBS Network, 29 channels affiliated with the NBC Network, 20 channels affiliated with the ABC Network, and 15 channels affiliated with the FOX Network. The company also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1897 and is headquartered in Atlanta, Georgia.

 

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