Ultrapar Participacoes SA Sets New 1-Year Low at $21.36 (UGP)
Shares of Ultrapar Participacoes SA (NYSE:UGP) hit a new 52-week low on Monday, AnalystRatingsNetwork reports. The company traded as low as $21.36 and last traded at $21.46, with a volume of 402,157 shares trading hands. The stock had previously closed at $21.80.
Separately, analysts at Zacks upgraded shares of Ultrapar Participacoes SA from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, November 11th. They now have a $25.30 price target on the stock.
Ultrapar Participacoes SA has a 52 week low of $21.36 and a 52 week high of $27.94. The stock has a 50-day moving average of $23.24 and a 200-day moving average of $24.3. The company has a market cap of $11.485 billion and a P/E ratio of 20.68.
Ultrapar Participacoes SA operates in three sectors: fuel distribution through Ultragaz and Ipiranga, chemicals through Oxiteno, and storage for liquid bulk through Ultracargo.
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