The Week Ahead: Are Investors Really Too Optimistic About TIM SA ADR (NYSE: TIMB)

TIM SA ADR (NYSE:TIMB) currently has a daily average trading volume of 463.26K but it saw 1168050 shares traded in last market. With a market cap of 8.22B USD, the company’s current market price of $17.00 came falling about -0.99 while comparing to the previous closing price of $17.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.91 and as low as $13.84. In the recent trading on the day, stock has struck highest price mark of $16.99 while lowest mark touched by it was $17.18.

Taking a look at 20-day trading activity of TIM SA ADR (TIMB) gives us an average price of $16.43, while its current price level is -10.10% below from 52-week high level whereas it is 22.83% 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 $15.88 while that of 200 days or SMA-200 reads an average of $16.89. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.28% during that period while stretching the period over a month that increases to 1.59%. 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 62.26 which implies that the stock is in neutral territory.

Over the week, TIMB’s stock price is moving 4.55% up while it is 1.67% when we observe its performance for the past one month. Year-to-date it is -6.84% down and over the past year, the stock is showing an upside performance of 11.98%.

Currently, TIM SA ADR’s total number of outstanding shares is 484.12M. Company’s return on investment (ROI) stands at 8.87% and return on equity (ROE) at 12.60%. It has a price to earnings ratio (P/E ratio) of 13.28 while having a 11.70 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 1.79 while price to sale or P/S ratio amounts to 1.66. Its return on asset (ROA) is 5.83% on average.