Banco Latinoamericano De Comercio Exterior SA (NYSE: BLX) is 19.73% higher on its value in year-to-date trading and has touched a low of $16.60 and a high of $30.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BLX stock was last observed hovering at around $29.35 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $29.62, the stock is 3.82% and 13.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.92% at the moment leaves the stock 23.62% off its SMA200. BLX registered 74.44% gain for a year compared to 6-month gain of 37.00%.
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The stock witnessed a 6.97% loss in the last 1 month and extending the period to 3 months gives it a 17.49%, and is 1.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 1.96% over the month.
Banco Latinoamericano De Comercio Exterior SA (BLX) has around 238 employees, a market worth around $1.08B and $712.20M in sales. Current P/E ratio is 6.50 and Fwd P/E is 5.86. Profit margin for the company is 23.33%. Distance from 52-week low is 78.43% and -1.53% from its 52-week high. The company has generated returns on investments over the last 12 months (2.98%).
Banco Latinoamericano De Comercio Exterior SA quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $77.79M over the same period.The EPS is expected to grow by 0.80% this year, but quarterly earnings will post 59.90% year-over-year. Quarterly sales are estimated to grow 46.30% in year-over-year returns.
84 institutions hold shares in Banco Latinoamericano De Comercio Exterior SA (BLX), with institutional investors hold 31.77% of the company’s shares. The shares outstanding are 36.32M, and float is at 27.89M with Short Float at 0.92%. Institutions hold 31.22% of the Float.
The top institutional shareholder in the company is Lsv Asset Management with over 1.0 million shares valued at $22.04 million. The investor’s holdings represent 3.58% of the BLX Shares outstanding. As of Jun 29, 2023, the second largest holder is Beddow Capital Management Inc with 0.42 million shares valued at $9.37 million to account for 1.52% of the shares outstanding. The other top investors are Lee, Danner & Bass, Inc. which holds 0.38 million shares representing 1.35% and valued at over $8.3 million, while Motley Fool Wealth Management, LLC holds 1.12% of the shares totaling 0.31 million with a market value of $6.89 million.
