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

money audit

Itau Unibanco Holding S.A. ADR (NYSE:ITUB) currently has a daily average trading volume of 20.98M but it saw 37756257 shares traded in last market. With a market cap of 26.80B USD, the company’s current market price of $5.53 came rising about 2.79 while comparing to the previous closing price of $5.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.08 and as low as $5.25. In the recent trading on the day, stock has struck highest price mark of $5.5 while lowest mark touched by it was $5.57.

Taking a look at 20-day trading activity of Itau Unibanco Holding S.A. ADR (ITUB) gives us an average price of $5.82, while its current price level is -21.91% below from 52-week high level whereas it is 5.33% 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 $6.11 while that of 200 days or SMA-200 reads an average of $6.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.00% during that period while stretching the period over a month that decreases 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 37.09 which implies that the stock is in neutral territory.

Over the week, ITUB’s stock price is moving -3.60% down while it is -11.99% when we observe its performance for the past one month. Year-to-date it is -18.27% down and over the past year, the stock is showing a downside performance of -11.34%.

Currently, Itau Unibanco Holding S.A. ADR’s total number of outstanding shares is 4.83B. Company’s return on investment (ROI) stands at 7.93% and return on equity (ROE) at 20.51%. It has a price to earnings ratio (P/E ratio) of 7.23 while having a 6.79 of forward P/E ratio. Stock’s beta reads 0.93. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 0.41. Its return on asset (ROA) is 1.49% on average.