BBVA Argentina ADR (NYSE:BBAR) price closed higher on Monday,December 02, and jumping 4.83% above its previous close.
A look at the daily price movement shows that the last close reads $16.58, with intraday deals fluctuated between $16.21 and $17.8. The company’s 5Y monthly beta was ticking 1.332 while its P/E ratio in the trailing 12-month period read 7.73. Taking into account the 52-week price action we note that the stock hit a 52-week high of $18.24 and 52-week low of $3.90. The stock added 26.22% on its value in the past month.
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BBVA Argentina ADR, which has a market valuation of $3.55 billion, is expected to release its quarterly earnings report in January. 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.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give BBAR a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.24. The overview shows that BBAR’s price is at present 7.55% off the SMA20 and 28.19% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 66.92, with weekly volatility standing at 5.97%. The indicator jumps to 6.31% when calculated based on the past 30 days. BBVA Argentina ADR (NYSE:BBAR)’s beta value is holding at 1.51, while the average true range (ATR) indicator is currently reading 0.94.
An analysis of the BBVA Argentina ADR (NYSE:BBAR) stock in terms of its daily trading volume indicates that the 3-month average is 770.30K. However, this figure increases on the past 10-day timeline to an average of 0.73 million.
Current records show that the company has 204.24M in outstanding shares. The insiders’ percentage holdings are 0.11% of outstanding shares while the percentage share held by institutions stands at 5.56%. The stats also highlight that short interest as of 2024-10-31, stood at 1.96 million shares, which puts the short ratio at the time at 3.16. From this we can glean that short interest is 533.00 of company’s current outstanding shares. Notably, we see that shares short in October rose slightly given the previous month’s figure stood at 1.62 million. But the 279.55% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
