Itau Unibanco Holding S.A. ADR (NYSE:ITUB) price closed lower on Friday, April 12, dropping -1.55% below its previous close.
A look at the daily price movement shows that the last close reads $6.45. The company’s P/E ratio in the trailing 12-month period read 9.44. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.21 and 52-week low of $4.66. The stock subtracted -8.98% on its value in the past month.
Itau Unibanco Holding S.A. ADR, which has a market valuation of $30.77 billion. The company stock has a Forward Dividend ratio of 0.09, while the dividend yield is 1.45%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ITUB a short term outlook of 25% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.98. The overview shows that ITUB’s price is at present -5.54% off the SMA20 and -6.43% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.29, with weekly volatility standing at 1.78%. The indicator jumps to 1.85% when calculated based on the past 30 days. Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s beta value is holding at 0.92, while the average true range (ATR) indicator is currently reading 0.15. An analysis of the Itau Unibanco Holding S.A. ADR (NYSE:ITUB) stock in terms of its daily trading volume indicates that the 3-month average is 16.94 million.
Current records show that the company has 4.85B in outstanding shares. The insiders’ percentage holdings are 0.59% of outstanding shares while the percentage share held by institutions stands at 17.91%. But the -7.84% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
