ASAI Stock Summary and Trading Ideas (Sendas Distribuidora S A Ads | NYSE:ASAI)

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers such as grocery stores and neighborhood supermarkets, and individuals. Its stores are located throughout 23 Brazilian states.

Sendas Distribuidora S A Ads trades on the NYSE stock market under the symbol ASAI.

As of December 20, 2024, ASAI stock price climbed to $4.61 with 2,585,118 million shares trading.

ASAI has a beta of 0.39, meaning it tends to be less sensitive to market movements. ASAI has a correlation of 0.01 to the broad based SPY ETF.

ASAI has a market cap of $1.24 billion. This is considered a Small Cap stock.

In the last 3 years, ASAI traded as high as $20.98 and as low as $4.06.

The top ETF exchange traded funds that ASAI belongs to (by Net Assets): VXUS, VWO, AVEM, VEU, DFEM.

ASAI has underperformed the market in the last year with a price return of -66.1% while the SPY ETF gained +27.8%. ASAI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -34.9% and -9.1%, respectively, while the SPY returned +4.4% and -2.4%, respectively.

ASAI support price is $4.19 and resistance is $4.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASAI shares will trade within this expected range on the day.