Itau Unibanco Holding S.A. ADR (NYSE:ITUB) shares, rose in value, with the stock price down by -0.84% to the previous day’s close as strong demand from buyers drove the stock to $5.34.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.38, falling within a range of $5.32 and $5.37. The value of beta (5-year monthly) is 0.555 whereas the PE ratio is 6.97 over 12-month period. Referring to stock’s 52-week performance, its high was $7.01, and the low was $5.20. On the whole, ITUB has fluctuated by -9.13% over the past month.
With the market capitalization of Itau Unibanco Holding S.A. ADR currently standing at about $25.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 4.07%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 167.72B, with a low estimate of 43.64B and a high estimate of 43.74B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 43.68B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ITUB’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 0.70, with the price of ITUB currently trading nearly -4.44% and -9.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.55, while the 7-day volatility ratio is showing 3.00% which for the 30-day chart, stands at 2.05%. Furthermore, Itau Unibanco Holding S.A. ADR (ITUB)’s beta value is 0.93, and its average true range (ATR) is 0.15.
A comparison of Itau Unibanco Holding S.A. ADR (ITUB) with its peers suggests the former has fared considerably weaker in the market. ITUB showed an intraday change of -0.84% in today’s session so far, and over the past year, it shrunk by -16.39%%.
Data on historical trading for Itau Unibanco Holding S.A. ADR (NYSE:ITUB) indicates that the trading volumes over the past 10 days have averaged 33.7 and over the past 3 months, they’ve averaged 22.96 million. According to company’s latest data on outstanding shares, there are 4.83 billion shares outstanding.
Nearly 0.59% of Itau Unibanco Holding S.A. ADR’s shares belong to company insiders and institutional investors own 18.98% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.64 million shares as on 2024-11-29, resulting in a short ratio of 0.52. According to the data, the short interest in Itau Unibanco Holding S.A. ADR (ITUB) stood at 24.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 23.92 million. The stock has fallen by -20.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ITUB stock heading into the next quarter.
