Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3 by 3 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) rose 0.86% or 0.07 points on Tuesday and made its way into the gainers of the day. After trading began at $8.24 the stock was seen hitting $8.26 as a peak level and $8.085 as the lowest level. The stock ended up at $8.22. The daily volume was measured at 1,556,805 shares. The 52-week high of the share price is $8.35 and the 52-week low is $3.46. The company has a market cap of $5,618 million.
Shares of Companhia de Saneamento Basico do Estado de Sao Paulo rose by 3.92% in the last five trading days and 8.59% for the last 4 weeks. Companhia de Saneamento Basico do Estado de Sao Paulo is up 30.07% in the last 3-month period. Year-to-Date the stock performance stands at 80.41%.
Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a mixed capital company. The Company is engaged in the provision of basic and environmental sanitation services in the State of Sao Paulo, as well as it supplies treated water and sewage services on a wholesale basis. The Company operates two segments: water supply and sewage services. It operates water and sewage services in approximately 364 municipalities of the State of Sao Paulo. Most of these municipalities operations are based on 30-year concession, program and services contracts. The Company also provides advisory services on the rational use of water, planning and commercial management, financial and operating issues. The Company is qualified to provide urban rainwater drainage and urban cleaning services, handle solid waste, sell power, perform other services, provide products and obtain benefits and rights that directly or indirectly result from its assets, operations and activities, in Brazil or abroad.