Worth Watching Trader’s Buzzers: Gerdau SA (ADR) (NYSE:GGB), Verizon Communications Inc. (NYSE:VZ)

On Wednesday, Shares of Gerdau SA (ADR) (NYSE:GGB), added 6.86% and closed at $3.74 in the last trading session. The last trading range of the stock ranges between $3.55 and $3.82. The company’s Market capitalization is $5.98 Billion with the total Outstanding Shares of 1.15 billion. 3Q16 Highlights

Merged EBITDA of R$ 1.2 billion and EBITDA margin of 13.8% in 3Q16, reflecting the Company’s geographic diversification.

Positive free cash flow of R$1.0 billion in 9M16.

Selling, general and administrative expenses reduced 11.5% in the 9M16 from the same period of 2015, reflecting the efforts made by the Company’s administration.

Stability in the Net Debt/EBITDA ratio at 3.6 times in September contrast with June 2016.

Additional Information

Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling recently its 3Q16 results at the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM), which are available at Gerdau’s website.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $0.79 and reached to max level of $3.82. The EPS of company is strolling at -0.94.

Shares of Verizon Communications Inc. (NYSE:VZ), jumped 0.44% and closed at $47.86 in the last trading session. The last trading range of the stock ranges between $46.47 and $48.08. The company’s Market capitalization is $195.89 Billion with the total Outstanding Shares of 4.08 billion. Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, in addition to offers wireless devices, counting smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, in addition to VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, counting collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $43.79 and reached to max level of $56.95. The EPS of company is strolling at 3.43.

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