Itau Unibanco Holding S.A. ADR (NYSE:ITUB) shares, rose in value, with the stock price down by -0.15% to the previous day’s close as strong demand from buyers drove the stock to $6.63.
Actively observing the price movement in the last trading, the stock closed the session at $6.64. The PE ratio was 9.51 over 12-month period. Referring to stock’s 52-week performance, its high was $6.85, and the low was $4.37. On the whole, ITUB has fluctuated by 5.12% over the past month.
With the market capitalization of Itau Unibanco Holding S.A. ADR currently standing at about $35.33 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 2.96%.
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 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 1.02, with the price of ITUB currently trading nearly 1.82% and 10.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.78, while the 7-day volatility ratio is showing 1.10% which for the 30-day chart, stands at 1.86%. Furthermore, Itau Unibanco Holding S.A. ADR (ITUB)’s beta value is 0.76, and its average true range (ATR) is 0.16.
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 -0.15% in last session, and over the past year, it grew by 23.07%%.
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 29.08 million. According to company’s latest data on outstanding shares, there are 5.33 billion shares outstanding.
Nearly 0.59% of Itau Unibanco Holding S.A. ADR’s shares belong to company insiders and institutional investors own 18.77% of the company’s shares. The stock has risen by 48.85% 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.
