Should Investors Trust The Upside Potential In BBVA Argentina ADR (BBAR)?

BBVA Argentina ADR (NYSE:BBAR) currently has a daily average trading volume of 674.93K but it saw 956790 shares traded in last market. With a market cap of 2.53B USD, the company’s current market price of $12.37 came rising about 9.18 while comparing to the previous closing price of $11.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.73 and as low as $3.20. In the recent trading on the day, stock has struck highest price mark of $11.41 while lowest mark touched by it was $12.38.

Taking a look at 20-day trading activity of BBVA Argentina ADR (BBAR) gives us an average price of $11.39, while its current price level is -2.83% below from 52-week high level whereas it is 286.73% 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 $10.98 while that of 200 days or SMA-200 reads an average of $9.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.28% during that period while stretching the period over a month that increases to 4.94%. 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 62.36 which implies that the stock is in neutral territory.

Over the week, BBAR’s stock price is moving 9.28% up while it is 13.38% when we observe its performance for the past one month. Year-to-date it is 170.14% up and over the past year, the stock is showing an upside performance of 281.70%.

Currently, BBVA Argentina ADR’s total number of outstanding shares is 204.24M. Company’s return on investment (ROI) stands at 16.29% and return on equity (ROE) at 17.25%. It has a price to earnings ratio (P/E ratio) of 6.58 while having a 12.59 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 3.39% on average.