Banco de Chile ADR (NYSE: BCH) is 30.20% higher on its value in year-to-date trading and has touched a low of $22.06 and a high of $31.84 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 BCH stock was last observed hovering at around $29.56 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $29.53, the stock is -3.02% and -0.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -0.10% at the moment leaves the stock 13.95% off its SMA200. BCH registered 29.01% gain for a year compared to 6-month gain of 25.50%.
The stock witnessed a -5.78% loss in the last 1 month and extending the period to 3 months gives it a 3.65%, and is -4.71% 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 1.09% over the week and 1.20% over the month.
Current P/E ratio is 11.41 and Fwd P/E is 11.76. Profit margin for the company is 26.31%. Distance from 52-week low is 33.89% and -7.26% from its 52-week high. The company has generated returns on investments over the last 12 months (8.39%).
The EPS is expected to shrink by -3.19% this year
The shares outstanding are 505.09M, and float is at 505.07M with Short Float at 0.12%.
The top institutional shareholder in the company is MORGAN STANLEY with over 0.33 million shares valued at $7.47 million. The investor’s holdings represent 0.0654 of the BCH Shares outstanding. As of 2024-06-30, the second largest holder is AXA S.A. with 22500.0 shares valued at $0.51 million to account for 0.0045 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 2.67 million shares representing 0.0026 and valued at over $60.46 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.0013 of the shares totaling 1.28 million with a market value of $28.95 million.
