Ambev S.A. ADR (NYSE:ABEV) price is hovering lower on Monday, April 15, dropping -1.28% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.35. The company’s P/E ratio in the trailing 12-month period read 12.65. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.06 and 52-week low of $2.29. The stock subtracted -7.94% on its value in the past month.
Ambev S.A. ADR, which has a market valuation of $36.54 billion. The company stock has a Forward Dividend ratio of 0.00, while the dividend yield is 0.00%. 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 ABEV a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.92. The overview shows that ABEV’s price is at present -5.21% off the SMA20 and -8.00% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.97, with weekly volatility standing at 1.69%. The indicator jumps to 1.84% when calculated based on the past 30 days. Ambev S.A. ADR (NYSE:ABEV)’s beta value is holding at 1.10, while the average true range (ATR) indicator is currently reading 0.06.
An analysis of the Ambev S.A. ADR (NYSE:ABEV) stock in terms of its daily trading volume indicates that the 3-month average is 12.41 million.
Current records show that the company has 15.75B in outstanding shares. The insiders’ percentage holdings are 0.00% of outstanding shares while the percentage share held by institutions stands at 8.60%. But the -17.14% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
