Gerdau (NYSE: GGB) shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $6.82 as of 9:35 a.m. ET, the dividend yield is 0.6%. The average volume for Gerdau has been 6.5 million shares per day over the past 30 days. Gerdau has a market cap of $11.4 billion and is part of the metals & mining industry. Shares are down 24% year to date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Gerdau S.A. engages in the production and commercialization of steel products worldwide. The company has a P/E ratio of 5.54. TheStreet Ratings rates Gerdau as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full Gerdau Ratings Report now.
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