BBB Foods Inc (NYSE:TBBB) shares, rose in value on Friday, March 28, with the stock price down by -0.85% to the previous day’s close as strong demand from buyers drove the stock to $26.74.
Actively observing the price movement in the last trading, the stock closed the session at $26.97, falling within a range of $25.93 and $26.83. Referring to stock’s 52-week performance, its high was $35.22, and the low was $19.31. On the whole, TBBB has fluctuated by 2.02% over the past month.
With the market capitalization of BBB Foods Inc currently standing at about $3.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 57.53B, with a low estimate of 16.87B and a high estimate of 16.87B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TBBB’s technical picture suggests that short-term indicators denote the stock is a 50% 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 50% Sell.
The stock’s technical analysis shows that the price of TBBB currently trading nearly 5.26% and -2.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.64, while the 7-day volatility ratio is showing 3.60% which for the 30-day chart, stands at 4.00%. Furthermore, BBB Foods Inc (TBBB)’s beta value is 0.63, and its average true range (ATR) is 1.04.
A comparison of BBB Foods Inc (TBBB) with its peers suggests the former has fared considerably weaker in the market. TBBB showed an intraday change of -0.85% in last session, and over the past year, it grew by 12.64%%.
Data on historical trading for BBB Foods Inc (NYSE:TBBB) indicates that the trading volumes over the past 10 days have averaged 0.65 and over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 112.20 million shares outstanding.
Nearly 65.50% of BBB Foods Inc’s shares belong to company insiders and institutional investors own 39.77% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.5 million shares as on 2025-03-14, resulting in a short ratio of 1.7. According to the data, the short interest in BBB Foods Inc (TBBB) stood at 270.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.31 million. The stock has fallen by -5.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TBBB stock heading into the next quarter.
