Sendas Distributor (OTCMKTS:ASAIY) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Sendas Distributor (OTCMKTS:ASAIY) from a hold rating to a strong-buy rating in a research note released on Monday morning.

Sendas Distributor Stock Performance

Sendas Distributor stock opened at $9.44 on Monday. Sendas Distributor has a 52 week low of $4.06 and a 52 week high of $10.67. The stock has a market capitalization of $2.55 billion, a PE ratio of 16.28 and a beta of 0.86.

Sendas Distributor Company Profile

Sendas Distribuidora SA engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. As of April 22, 2021, the company operated 185 stores under the Assaí banner, as well as 10 distribution centers. It serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals.