3. As of noon trading, Gerdau ( GGB) is up $0.21 (2.6%) to $8.40 on average volume Thus far, 2.9 million shares of Gerdau exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $8.25-$8.42 after having opened the day at $8.31 as compared to the previous trading day's close of $8.19.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $14.0 billion and is part of the basic materials sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are down 8.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Gerdau a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. Get the full Gerdau Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

This Is the Best Gold Stock to Own If You're Worried About North Korea's Bombs

What North Korea's Claim It Has Tested a Hydrogen Bomb Means for Your Portfolio

What North Korea Chaos Might Mean for Gold Prices

Randgold Resources Is No Overnight Sensation