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Suzano S.A. (SUZ) moved down -6.19% from 52 weeks low: Is it Too Late to Be Bullish?

Suzano S.A. (NYSE:SUZ) shares fell to a low of $12.305 before closing at $12.78. Intraday shares traded counted 1.66 million, which was -137.8% lower than its 30-day average trading volume of 698.67K. SUZ’s previous close was $12.43 while the outstanding shares total 1.35B. The stock’s Relative Strength Index (RSI) is 50.41, with weekly volatility at 3.61% and ATR at 0.35. The SUZ stock’s 52-week price range has touched low of $6.59 and a $14.44 high. The stock traded higher over the last trading session, gaining 2.82% on 05/17/21.

Investors have identified the Paper & Paper Products company Suzano S.A. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $17.24 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Suzano S.A. (SUZ) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SUZ, the company has in raw cash 976.22 million on their books with 392.22 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 3.41 billion total, with 1.64 billion as their total liabilities.

Is the stock of SUZ attractive?

9 out of 11 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Suzano S.A.. 0 analysts has assigned a Sell rating on the SUZ stock. The 12-month mean consensus price target for the company’s shares has been set at $16.15.

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