Are Analysts Too Bullish On Itau Unibanco Holding S.A. ADR (ITUB)

Itau Unibanco Holding S.A. ADR (NYSE:ITUB) currently has a daily average trading volume of 24.62M but it saw 82786063 shares traded in last market. With a market cap of 24.32B USD, the company’s current market price of $5.02 came rising about 1.21 while comparing to the previous closing price of $4.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.01 and as low as $4.90. In the recent trading on the day, stock has struck highest price mark of $5.0 while lowest mark touched by it was $5.12.

Taking a look at 20-day trading activity of Itau Unibanco Holding S.A. ADR (ITUB) gives us an average price of $5.45, while its current price level is -28.44% below from 52-week high level whereas it is 2.37% 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 $5.86 while that of 200 days or SMA-200 reads an average of $6.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.07% during that period while stretching the period over a month that decreases to 2.46%. 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 31.76 which implies that the stock is in neutral territory.

Over the week, ITUB’s stock price is moving -6.69% down while it is -15.21% when we observe its performance for the past one month. Year-to-date it is -25.10% down and over the past year, the stock is showing a downside performance of -22.96%.

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 6.56 while having a 6.23 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is 1.49% on average.