The trading price of BBVA Argentina ADR (NYSE:BBAR) closed lower on Friday, January 17, and closing at $21.89, -3.65% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $21.47 and $22.88. The company’s P/E ratio in the trailing 12-month period was 9.73, while its 5Y monthly beta was 1.332. In examining the 52-week price action we see that the stock hit a 52-week high of $25.01 and a 52-week low of $3.90. Over the past month, the stock has gained 13.89% in value.
BBVA Argentina ADR, whose market valuation is $4.47 billion at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.37 per share this quarter, however they have predicted annual earnings per share of 1.94 for current year and 2.67 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 3.81T.
On the technical side, indicators suggest BBAR has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that BBAR’s price is currently 5.05% off the SMA20 and 19.20% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.25, and weekly volatility stands at 6.34%. When measured over the past 30 days, the indicator reaches 7.32%. BBVA Argentina ADR (NYSE:BBAR)’s beta value is currently sitting at 1.42, while the Average True Range indicator is currently displaying 1.44.
To see how BBVA Argentina ADR stock has been performing in comparison to its peers in the industry, here are the numbers: BBAR stock’s performance was -3.65% in the latest trading, and 426.43% in the past year. BBVA Argentina ADR has a P/E ratio of 9.73.
An evaluation of the daily trading volume of BBVA Argentina ADR (NYSE:BBAR) indicates that the 3-month average is 880.18K. However, this figure has increased over the past 10 days to an average of 1.27.
Currently, records show that 204.24 million of the company’s shares remain outstanding. The insiders hold 0.11% of outstanding shares, whereas institutions hold 5.69%. The stats also highlight that short interest as of 2024-10-31, stood at 1.96 million shares, resulting in a short ratio of 3.16 at that time. From this, we can conclude that short interest is 533.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 1.62 million. However, since the stock’s price has seen 14.85% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
