Itau Unibanco Holding S.A. ADR (NYSE:ITUB) shares, rose in value, with the stock price up by 0.26% to the previous day’s close as strong demand from buyers drove the stock to $5.68.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.67. The PE ratio was 7.34 over 12-month period. Referring to stock’s 52-week performance, its high was $6.72, and the low was $4.81. On the whole, ITUB has fluctuated by -3.15% over the past month.
With the market capitalization of Itau Unibanco Holding S.A. ADR currently standing at about $27.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 3.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 179.68B, with a low estimate of 42.56B and a high estimate of 43.49B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 43.18B.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.84, with the price of ITUB currently trading nearly -0.78% and 4.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.58, while the 7-day volatility ratio is showing 2.63% which for the 30-day chart, stands at 1.96%. Furthermore, Itau Unibanco Holding S.A. ADR (ITUB)’s beta value is 0.69, and its average true range (ATR) is 0.13.
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 0.26% in today’s session so far, and over the past year, it shrunk by -12.38%%.
Data on historical trading for Itau Unibanco Holding S.A. ADR (NYSE:ITUB) indicates that the trading volumes over the past 3 months, they’ve averaged 27.33 million. According to company’s latest data on outstanding shares, there are 4.82 billion shares outstanding.
Nearly 0.59% of Itau Unibanco Holding S.A. ADR’s shares belong to company insiders and institutional investors own 19.04% of the company’s shares. The stock has risen by 15.92% 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.
