What Lies Ahead For Banco Bilbao Vizcaya Argentaria. ADR (NYSE: BBVA) In 2024?

Banco Bilbao Vizcaya Argentaria. ADR (NYSE:BBVA) shares, rose in value on Friday, April 26, with the stock price up by 3.69% to the previous day’s close as strong demand from buyers drove the stock to $11.66.

Actively observing the price movement in the recent trading, the stock is buoying the session at $11.25. The PE ratio was 8.05 over 12-month period. Referring to stock’s 52-week performance, its high was $12.20, and the low was $6.47. On the whole, BBVA has fluctuated by -1.56% over the past month.

The company’s Forward Dividend Ratio is 0.59, with its dividend yield at 5.04%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BBVA’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 0.72, with the price of BBVA currently trading nearly 3.59% and 6.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.62, while the 7-day volatility ratio is showing 1.40% which for the 30-day chart, stands at 1.48%. Furthermore, Banco Bilbao Vizcaya Argentaria. ADR (BBVA)’s beta value is 1.31, and its average true range (ATR) is 0.28.

A comparison of Banco Bilbao Vizcaya Argentaria. ADR (BBVA) with its peers suggests the former has fared considerably weaker in the market. BBVA showed an intraday change of 3.69% in today’s session so far, and over the past year, it grew by 60.23%%.

Data on historical trading for Banco Bilbao Vizcaya Argentaria. ADR (NYSE:BBVA) indicates that the trading volumes over the past 3 months, they’ve averaged 1.56 million. According to company’s latest data on outstanding shares, there are 5.83 billion shares outstanding.

Nearly 0.00% of Banco Bilbao Vizcaya Argentaria. ADR’s shares belong to company insiders and institutional investors own 3.08% of the company’s shares. The stock has risen by 28.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BBVA stock heading into the next quarter.

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