|Bid||7.96 x 1100|
|Ask||8.26 x 1200|
|Day's Range||7.67 - 8.11|
|52 Week Range||5.76 - 11.22|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||10.35|
|Forward Dividend & Yield||0.20 (2.48%)|
|Ex-Dividend Date||Apr 29, 2022|
|1y Target Est||12.32|
Shares in Brazilian water utility Sabesp soared as much as 15% on Friday after a São Paulo state official suggested he was prioritizing plans to privatize the company. Sao Paulo Governor João Doria recently appointed former house speaker Rodrigo Maia to a role in his cabinet with a mandate to accelerate the state's privatization program. "I think it's a symbolic thing to organize the (Sabesp) privatization, the licensing, to get things going by the end of my term," said Maia, at his first press briefing in the role.
Good afternoon, everyone, and welcome to SABESP video conference to discuss the results for the second quarter of 2021. My name is Mario Sampaio. Let's us start by informing all participants that this video conference is being recorded.