Ultrapar Participações S.A. (NYSE:UGP - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $2.55 and last traded at $2.57, with a volume of 3230414 shares changing hands. The stock had previously closed at $2.75.
Analyst Ratings Changes
Separately, StockNews.com cut Ultrapar Participações from a "buy" rating to a "hold" rating in a report on Wednesday, November 13th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Ultrapar Participações currently has an average rating of "Hold" and a consensus target price of $5.20.
View Our Latest Analysis on UGP
Ultrapar Participações Stock Up 3.1 %
The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 5.76, a PEG ratio of 2.21 and a beta of 1.53. The business's 50-day moving average is $3.35 and its 200-day moving average is $3.83. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.11 and a current ratio of 1.57.
Institutional Investors Weigh In On Ultrapar Participações
A number of large investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC acquired a new position in Ultrapar Participações in the third quarter worth $46,000. Freedom Investment Management Inc. bought a new stake in Ultrapar Participações during the 3rd quarter worth about $48,000. Cutter & CO Brokerage Inc. acquired a new stake in Ultrapar Participações in the 2nd quarter valued at about $57,000. D Orazio & Associates Inc. raised its stake in shares of Ultrapar Participações by 30.3% in the second quarter. D Orazio & Associates Inc. now owns 15,046 shares of the oil and gas company's stock worth $59,000 after acquiring an additional 3,498 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Ultrapar Participações by 567.5% during the second quarter. Blue Trust Inc. now owns 15,833 shares of the oil and gas company's stock worth $62,000 after purchasing an additional 13,461 shares in the last quarter. 3.58% of the stock is currently owned by institutional investors.
About Ultrapar Participações
(
Get Free Report)
Ultrapar Participações SA, through its subsidiaries, operates in the energy and infrastructure business in Brazil. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers, in addition to renewable electricity and compressed natural gas. It also operates in the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; and holds AmPm convenience stores and provides JetOil lubricant services.
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