Ultrapar Participacoes S.A. (UGP) : Zacks Investment Research ranks Ultrapar Participacoes S.A. (UGP) as 1, which is a Strong Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 1 research analysts is 1, which indicates as a Strong Buy.
Ultrapar Participacoes S.A. has dropped 2.72% in the last five trading days, however, the shares have posted positive gains of 7.66% in the last 4 weeks. Ultrapar Participacoes S.A. is up 20.16% in the last 3-month period. Year-to-Date the stock performance stands at 57.46%. Ultrapar Participacoes S.A. (NYSE:UGP): On Tuesdays trading session , Opening price of the stock was $23.74 with an intraday high of $23.87. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.44. However, the stock managed to close at $23.46, a loss of 0.04% for the day. On the previous day, the stock had closed at $23.47. The total traded volume of the day was 650,786 shares.
Ultrapar Participacoes SA is a Brazil-based holding company that operates in four segments: fuel distribution through Ipiranga; chemicals through Oxiteno; Liquefied Petroleum Gas (LPG) distribution through Ultragaz; and logistics for liquid bulk through Ultracargo. Ipiranga is a fuel distributor in Brazil, with a network of service stations, providing diesel, gasoline, ethanol, natural gas for vehicles, fuel oil and kerosene, besides lubricants. Oxiteno produces ethylene oxide and its main derivatives; specialty chemicals, and fatty alcohols and related by-products. Ultracargo provides storage for liquid bulk in Brazil. The Company is also engaged in oil refining, through a stake held in Refinaria de Petroleo Riograndense SA.