Banco de Chile ADR (NYSE:BCH) shares, rose in value on Friday, May 30, with the stock price down by -1.18% to the previous day’s close as strong demand from buyers drove the stock to $30.21.
Actively observing the price movement in the last trading, the stock closed the session at $30.57. The PE ratio was 11.68 over 12-month period. Referring to stock’s 52-week performance, its high was $31.84, and the low was $22.06. On the whole, BCH has fluctuated by 2.34% over the past month.
With the market capitalization of Banco de Chile ADR currently standing at about $15.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.08, with its dividend yield at 6.87%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BCH’s technical picture suggests that short-term indicators denote the stock is a 50% 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 5.41, with the price of BCH currently trading nearly -1.70% and 4.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.14, while the 7-day volatility ratio is showing 0.64% which for the 30-day chart, stands at 1.26%. Furthermore, Banco de Chile ADR (BCH)’s beta value is 0.27, and its average true range (ATR) is 0.60.
A comparison of Banco de Chile ADR (BCH) with its peers suggests the former has fared considerably weaker in the market. BCH showed an intraday change of -1.18% in last session, and over the past year, it grew by 24.58%%.
Data on historical trading for Banco de Chile ADR (NYSE:BCH) indicates that the trading volumes over the past 3 months, they’ve averaged 334.21K. According to company’s latest data on outstanding shares, there are 505.09 million shares outstanding.
Banco de Chile ADR’s shares belong to company insiders and institutional investors own 2.46% of the company’s shares. The stock has risen by 33.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BCH stock heading into the next quarter.
