Companhia de Saneamento Básico do Estado de São Paulo – SABESP (SBS) Reaches $6.05 After 5.00% Up Move; Shorts at AERIUS (AERS) Raised By 2916.67%

June 29, 2018 - By Adrian Erickson

AERIUS (OTCMKTS:AERS) had an increase of 2916.67% in short interest. AERS’s SI was 18,100 shares in June as released by FINRA. Its up 2916.67% from 600 shares previously. With 83,900 avg volume, 0 days are for AERIUS (OTCMKTS:AERS)’s short sellers to cover AERS’s short positions. It closed at $0.009 lastly. It is down 0.00% since June 29, 2017 and is . It has underperformed by 12.57% the S&P500.

The stock of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is a huge mover today! The stock increased 3.51% or $0.2 during the last trading session, reaching $6.05. About 794,825 shares traded. Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) has declined 16.78% since June 29, 2017 and is downtrending. It has underperformed by 29.35% the S&P500. Some Historical SBS News: 04/05/2018 – Fitch Affirms Sabesp’s IDRs at ‘BB’; Outlook Stable; 14/05/2018 – BRAZIL’S SABESP SAYS NEW CEO KARLA TRINDADE WILL ALSO BECOME BOARD MEMBER- FILING; 27/03/2018 – Brazil regulator proposes 4.8 pct tariff hike for Sabesp sewage co; 28/03/2018 – SABESP 2017 Net BRL2.519B; 16/03/2018 – Consolidated Research: 2018 Summary Expectations for MacroGenics, Radware, Core-Mark Holding, Companhia de saneamento Basico Do; 10/05/2018 – SABESP 1Q NET OPER REV. R$3.70B; 28/03/2018 – SABESP Announces 2017 Results; 12/03/2018 – Sabesp Trading Activity Jumps to Almost Six Times 20 Day Average; 10/05/2018 – SABESP Announces 1Q18 Results; 10/05/2018 – COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO – SABESP- QTRLY NET OPERATING REVENUE TOTALED R$ 3,699.6 MLN, UP 4% IN THE SAME PERIOD LAST YEARThe move comes after 5 months positive chart setup for the $4.05B company. It was reported on Jun, 29 by Barchart.com. We have $6.35 PT which if reached, will make NYSE:SBS worth $202.65 million more.

Among 3 analysts covering Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp American Depositary Shares (Each repstg 250 Common Shares) (NYSE:SBS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp American Depositary Shares (Each repstg 250 Common Shares) had 3 analyst reports since March 12, 2018 according to SRatingsIntel. Janney Capital downgraded the stock to “Neutral” rating in Monday, March 12 report. The company was downgraded on Wednesday, April 4 by J.P. Morgan. The stock of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) has “Neutral” rating given on Friday, May 18 by Goldman Sachs.

Companhia de Saneamento Básico do Estado de São Paulo-SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental clients in the state of São Paulo. The company has market cap of $4.05 billion. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. It has a 6.44 P/E ratio. As of December 31, 2016, the firm provided water services through 8.7 million water connections to approximately 24.7 million people; and sewage services through 7.1 million sewage connections to approximately 21.2 million people, as well as operated 73,015 kilometers of water pipes and water transmission lines, and 50,097 kilometers of sewer lines.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) Ratings Chart

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