BBVA Argentina ADR (NYSE:BBAR) shares, rose in value, with the stock price down by -5.85% to the previous day’s close as strong demand from buyers drove the stock to $8.85.
Actively observing the price movement in the last trading, the stock closed the session at $9.40. The PE ratio was 4.26 over 12-month period. Referring to stock’s 52-week performance, its high was $9.86, and the low was $3.51. On the whole, BBAR has fluctuated by 4.49% over the past month.
The company’s Forward Dividend Ratio is 0.00, with its dividend yield at 0.00%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BBAR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.13, with the price of BBAR currently trading nearly 2.24% and 17.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.50, while the 7-day volatility ratio is showing 7.33% which for the 30-day chart, stands at 5.76%. Furthermore, BBVA Argentina ADR (BBAR)’s beta value is 1.60, and its average true range (ATR) is 0.51.
A comparison of BBVA Argentina ADR (BBAR) with its peers suggests the former has fared considerably weaker in the market. BBAR showed an intraday change of -5.85% in last session, and over the past year, it grew by 110.22%%.
Data on historical trading for BBVA Argentina ADR (NYSE:BBAR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.09 million. According to company’s latest data on outstanding shares, there are 204.24 million shares outstanding.
BBVA Argentina ADR’s shares belong to company insiders and institutional investors own 2.68% of the company’s shares. The stock has risen by 63.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BBAR stock heading into the next quarter.
