Itau Unibanco Holding S.A. ADR (NYSE: ITUB) – Time For Strategy Change?

Itau Unibanco Holding S.A. ADR (NYSE:ITUB) currently has a daily average trading volume of 18.51M but it saw 16483433 shares traded in last market. With a market cap of 32.05B USD, the company’s current market price of $6.63 came rising about 1.22 while comparing to the previous closing price of $6.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.13 and as low as $4.97. In the recent trading on the day, stock has struck highest price mark of $6.62 while lowest mark touched by it was $6.74.

Taking a look at 20-day trading activity of Itau Unibanco Holding S.A. ADR (ITUB) gives us an average price of $6.58, while its current price level is -7.07% below from 52-week high level whereas it is 33.28% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.24 while that of 200 days or SMA-200 reads an average of $6.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that increases to 1.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.29 which implies that the stock is in neutral territory.

Over the week, ITUB’s stock price is moving -0.55% down while it is 15.56% when we observe its performance for the past one month. Year-to-date it is -2.74% down and over the past year, the stock is showing an upside performance of 23.56%.

Currently, Itau Unibanco Holding S.A. ADR’s total number of outstanding shares is 4.85B. Company’s return on investment (ROI) stands at 8.21% and return on equity (ROE) at 20.56%. It has a price to earnings ratio (P/E ratio) of 8.85 while having a 7.97 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 1.86 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is 1.48% on average.