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Sabesp: Q1 Earnings Snapshot
Last Updated May 14, 2021 at 7:14 am EDT
SP, Brazil (AP) Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) on Thursday reported first-quarter net income of $90.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Sp, Brazil-based company said it had net income of 13 cents.
The waste management company posted revenue of $855.7 million in the period.
Sabesp shares have declined roughly 9% since the beginning of the year. The stock has climbed 19% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBS at https://www.zacks.com/ap/SBS
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Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp (SBS): Price Up $0.03 (0.35)% Over Past Day, Up $0.14 (1.88)% Over Past Hour
The Hourly View for SBS
list(“500 – Internal server error”) This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the
clearest trend on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the
20 and 50 hour moving averages, resulting in them with price now being
above them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment meaning the trend across timeframes is inconsistent, indicating a potential