BBB Foods Inc (NYSE:TBBB) does about 934.92K shares in volume on a normal day but saw 1371875 shares change hands in Tuesday trading. The company now has a market cap of 2.85B USD. Its current market price is $24.12, marking a decrease of -3.05% compared to the previous close of $24.88. The 52 week high reached by this stock is $28.84 whilst the lowest price level in 52 weeks is $18.71.
BBB Foods Inc (TBBB) has a 20-day trading average at $25.76 and the current price is -16.37% off the 52-week high compared with 28.92% distance from its 52-week low. The 50-day simple moving average of the closing price is $23.59. If we look at the stock’s price movements over the week, volatility stands at 5.21%, which decreases to 5.13% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.43 to suggest the stock is neutral.
The consensus objective for the share price is $27.86, suggesting that the stock has a potential upside of 13.42% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 09, 2024 when UBS downgraded the stock to “Neutral” and issued a price target of between $26 and $27. JP Morgan initiated its price target at $30.
BBB Foods Inc (TBBB) stock is down -10.00% over the week and -1.03% over the past month. Its price is 26.61% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 13.42 percent from here.
The forward price to earnings ratio is 57.52. Price to book ratio is 5.83.
