BBVA Argentina ADR (NYSE:BBAR) shares, rose in value on Thursday, January 02, with the stock price up by 7.29% to the previous day’s close as strong demand from buyers drove the stock to $20.45.
Actively observing the price movement in the recent trading, the stock is buoying the session at $19.06, falling within a range of $19.15 and $20.6204. The value of beta (5-year monthly) is 1.332 whereas the PE ratio is 9.09 over 12-month period. Referring to stock’s 52-week performance, its high was $20.00, and the low was $3.90. On the whole, BBAR has fluctuated by 17.66% over the past month.
With the market capitalization of BBVA Argentina ADR currently standing at about $4.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. 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 0.28, with the price of BBAR currently trading nearly 12.65% and 24.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.55, while the 7-day volatility ratio is showing 4.74% which for the 30-day chart, stands at 7.02%. Furthermore, BBVA Argentina ADR (BBAR)’s beta value is 1.44, and its average true range (ATR) is 1.17.
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 7.29% in today’s session so far, and over the past year, it grew by 362.76%%.
Data on historical trading for BBVA Argentina ADR (NYSE:BBAR) indicates that the trading volumes over the past 10 days have averaged 0.79 and over the past 3 months, they’ve averaged 742.24K. According to company’s latest data on outstanding shares, there are 204.24 million shares outstanding.
Nearly 0.11% of BBVA Argentina ADR’s shares belong to company insiders and institutional investors own 5.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.96 million shares as on 2024-10-31, resulting in a short ratio of 3.16. According to the data, the short interest in BBVA Argentina ADR (BBAR) stood at 533.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.62 million. The stock has risen by 7.29% 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.
