Ambev S.A. ADR (NYSE:ABEV) shares, rose in value, with the stock price down by -1.52% to the previous day’s close as strong demand from buyers drove the stock to $2.28.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.31, falling within a range of $2.26 and $2.29. The value of beta (5-year monthly) is 0.487 whereas the PE ratio is 13.49 over 12-month period. Referring to stock’s 52-week performance, its high was $2.51, and the low was $1.76. On the whole, ABEV has fluctuated by 7.82% over the past month.
With the market capitalization of Ambev S.A. ADR currently standing at about $35.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 0.11, with its dividend yield at 4.76%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 95.59B, with a low estimate of 22.02B and a high estimate of 23.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 22.55B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ABEV’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 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.80, with the price of ABEV currently trading nearly 0.54% and 12.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.99, while the 7-day volatility ratio is showing 2.18% which for the 30-day chart, stands at 2.62%. Furthermore, Ambev S.A. ADR (ABEV)’s beta value is 0.75, and its average true range (ATR) is 0.06.
A comparison of Ambev S.A. ADR (ABEV) with its peers suggests the former has fared considerably weaker in the market. ABEV showed an intraday change of -1.52% in today’s session so far, and over the past year, it shrunk by -6.08%%.
Data on historical trading for Ambev S.A. ADR (NYSE:ABEV) indicates that the trading volumes over the past 10 days have averaged 30.17 and over the past 3 months, they’ve averaged 35.70 million. According to company’s latest data on outstanding shares, there are 15.73 billion shares outstanding.
Nearly 0.00% of Ambev S.A. ADR’s shares belong to company insiders and institutional investors own 9.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 29.25 million shares as on 2025-03-14, resulting in a short ratio of 1.35. The stock has risen by 22.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ABEV stock heading into the next quarter.
