Bunge Global SA (NYSE: BG) is -0.62% lower on its value in year-to-date trading and has touched a low of $76.38 and a high of $114.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BG stock was last observed hovering at around $77.57 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $77.28, the stock is -4.21% and -9.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.37% at the moment leaves the stock -21.26% off its SMA200. BG registered -22.93% loss for a year compared to 6-month loss of -28.83%. The firm has a 50-day simple moving average (SMA 50) of $84.9444 and a 200-day simple moving average (SMA200) of $98.1517.
The stock witnessed a -12.44% gain in the last 1 month and extending the period to 3 months gives it a -20.06%, and is -1.00% down 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 1.98% over the week and 2.25% over the month.
Bunge Global SA (BG) has around 23000 employees, a market worth around $10.75B and $54.50B in sales. Current P/E ratio is 9.77 and Fwd P/E is 8.63. Profit margin for the company is 2.11%. Distance from 52-week low is 1.18% and -32.75% from its 52-week high. The company has generated returns on investments over the last 12 months (7.42%).
The EPS is expected to shrink by -31.41% this year.
Bunge Global SA (BG) Top Institutional Holders
946.0 institutions hold shares in Bunge Global SA (BG), with institutional investors hold 86.83% of the company’s shares. The shares outstanding are 139.63M, and float is at 138.26M with Short Float at 2.52%. Institutions hold 86.01% of the Float.
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Bunge Global SA (BG) Insider Activity
The most recent transaction is an insider sale by Dimopoulos Christos, the company’s Co-President, Agribusiness. SEC filings show that Dimopoulos Christos sold 20,000 shares of the company’s common stock on May 22 ’24 at a price of $103.26 per share for a total of $2.07 million. Following the sale, the insider now owns 87999.0 shares.
