Ambev S.A. ADR (NYSE:ABEV) shares, rose in value, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $2.32.
Actively observing the price movement in the last trading, the stock closed the session at $2.30. The PE ratio was 12.65 over 12-month period. Referring to stock’s 52-week performance, its high was $3.06, and the low was $2.23. On the whole, ABEV has fluctuated by -5.31% over the past month.
The company’s Forward Dividend Ratio is 0.15, with its dividend yield at 6.51%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ABEV’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.92, with the price of ABEV currently trading nearly -2.46% and -6.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.92, while the 7-day volatility ratio is showing 2.03% which for the 30-day chart, stands at 2.03%. Furthermore, Ambev S.A. ADR (ABEV)’s beta value is 1.10, and its average true range (ATR) is 0.05.
A comparison of Ambev S.A. ADR (ABEV) with its peers suggests the former has fared considerably weaker in the market. ABEV showed an intraday change of 0.87% in last session, and over the past year, it shrunk by -13.25%%.
Data on historical trading for Ambev S.A. ADR (NYSE:ABEV) indicates that the trading volumes over the past 3 months, they’ve averaged 13.08 million. According to company’s latest data on outstanding shares, there are 15.75 billion shares outstanding.
Nearly 0.00% of Ambev S.A. ADR’s shares belong to company insiders and institutional investors own 8.65% of the company’s shares. The stock has fallen by -17.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ABEV stock heading into the next quarter.
