Ambev S.A. ADR (NYSE:ABEV) currently has a daily average trading volume of 35.08M but it saw 16019219 shares traded in last market. With a market cap of 37.13B USD, the company’s current market price of $2.36 came rising about 0.85 while comparing to the previous closing price of $2.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.51 and as low as $1.76. In the recent trading on the day, stock has struck highest price mark of $2.32 while lowest mark touched by it was $2.365.
Taking a look at 20-day trading activity of Ambev S.A. ADR (ABEV) gives us an average price of $2.30, while its current price level is -6.00% below from 52-week high level whereas it is 34.09% 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 $2.06 while that of 200 days or SMA-200 reads an average of $2.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.88% during that period while stretching the period over a month that increases to 2.39%. 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 68.15 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 2.16% up while it is 12.92% when we observe its performance for the past one month. Year-to-date it is 27.57% up and over the past year, the stock is showing a downside performance of -0.56%.
Currently, Ambev S.A. ADR’s total number of outstanding shares is 15.73B with 0.01% of that held by the insiders while 9.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.34% and return on equity (ROE) at 16.55%. It has a price to earnings ratio (P/E ratio) of 14.00 while having a 12.95 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 2.32 while price to sale or P/S ratio amounts to 2.24. Its return on asset (ROA) is 9.75% on average.
