Ambev S.A. ADR (NYSE:ABEV) currently has a daily average trading volume of 37.06M but it saw 38516466 shares traded in last market. With a market cap of 28.78B USD, the company’s current market price of $1.83 came falling about -0.54 while comparing to the previous closing price of $1.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.67 and as low as $1.76. In the recent trading on the day, stock has struck highest price mark of $1.8 while lowest mark touched by it was $1.84.
Taking a look at 20-day trading activity of Ambev S.A. ADR (ABEV) gives us an average price of $1.8225, while its current price level is -31.40% below from 52-week high level whereas it is 3.98% 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 $1.9796 while that of 200 days or SMA-200 reads an average of $2.1859. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.48% during that period while stretching the period over a month that increases to 2.53%. 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 44.90 which implies that the stock is in neutral territory.
Barclays downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on March 04, 2024 while assigning a price target range of $3.50-$3.
Over the week, ABEV’s stock price is moving 0.55% up while it is 3.39% when we observe its performance for the past one month. Year-to-date it is -1.08% down and over the past year, the stock is showing a downside performance of -29.05%.
Currently, Ambev S.A. ADR’s total number of outstanding shares is 15.73B. Company’s return on investment (ROI) stands at 14.75% and return on equity (ROE) at 15.07%. It has a price to earnings ratio (P/E ratio) of 10.66 while having a 10.92 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 1.60 while price to sale or P/S ratio amounts to 1.80. Its return on asset (ROA) is 9.75% on average.
