BBVA Argentina ADR (NYSE:BBAR) price on Wednesday, May 09, rose 1.54% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.18.
A look at the stock’s price movement, the close in the last trading session was $11.01. The PE ratio in trailing twelve months stood at 5.38. Turning to its 52-week performance, $11.64 and $3.72 were the 52-week high and 52-week low respectively. Overall, BBAR moved 21.79% over the past month.
BBVA Argentina ADR’s market cap currently stands at around $2.28 billion.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.94B, representing a 33.70% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BBAR is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 0.17, with BBAR’s current price about 21.17% and 33.88% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 72.74, while 7-day volatility ratio is 6.70% and 6.23% in the 30-day chart. Further, BBVA Argentina ADR (BBAR) has a beta value of 1.70, and an average true range (ATR) of 0.58.
If we refocus on BBVA Argentina ADR (NYSE:BBAR), historical trading data shows that trading volumes averaged 1.12 million over the past 3 months. The company’s latest data on shares outstanding shows there are 204.24 million shares.
Current price change has pushed the stock 108.64% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BBAR stock continues to rise going into the next quarter.
