ASAI - Shares of Sendas Distribuidora S.A. ADS (ASAI) Rise to a New 52-Week High

Sendas Distribuidora S.A. ADS (NYSE:ASAI) traded at a new 52-week high today of $17.67. This new high was reached on below average trading volume as 181,000 shares traded hands, while the average 30-day volume is approximately 340,000 shares.

Over the past year, Sendas Distribuidora S.A. ADS has traded in a range of $11.45 to $17.67 and is now at $17.10, 49% above that low.

Based on a current price of $17.10, Sendas Distribuidora S.A. ADS is currently 1.2% above its average consensus analyst price target of $16.90.

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.

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