BBB Foods Inc (TBBB)’s Market Momentum: Closing Strong at 20.60, Up 2.74

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, BBB Foods Inc’s stock clocked out at $20.60, up 2.74% from its previous closing price of $20.05. In other words, the price has increased by $2.74 from its previous closing price. On the day, 1.04 million shares were traded. TBBB stock price reached its highest trading level at $20.73 during the session, while it also had its lowest trading level at $20.0.

Ratios:

To gain a deeper understanding of TBBB’s stock, we examine its different ratios.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on April 09, 2024, Downgraded its rating to Neutral and sets its target price to $27 from $26 previously.

On March 12, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $33.

On March 06, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $30.JP Morgan initiated its Overweight rating on March 06, 2024, with a $30 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TBBB now has a Market Capitalization of 2311340544 and an Enterprise Value of 10146325504. Its current Enterprise Value per Revenue stands at 0.246 whereas that against EBITDA is 8.434.

Stock Price History:

Over the past 52 weeks, TBBB has reached a high of $24.99, while it has fallen to a 52-week low of $18.71. The 50-Day Moving Average of the stock is -3.92%, while the 200-Day Moving Average is calculated to be -3.71%.

Shares Statistics:

It appears that TBBB traded 1.11M shares on average per day over the past three months and 893200 shares per day over the past ten days. Shares short for TBBB as of 1711584000 were 2564184 with a Short Ratio of 2.30, compared to 1709164800 on 1344106. Therefore, it implies a Short% of Shares Outstanding of 2564184 and a Short% of Float of 6.6199996.

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