Closing Bell Recap: BBB Foods Inc (TBBB) Ends at 24.00, Reflecting a -3.96 Downturn

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BBB Foods Inc (NYSE: TBBB) closed the day trading at $24.00 down -3.96% from the previous closing price of $24.99. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 0.54 million shares were traded. TBBB stock price reached its highest trading level at $25.2499 during the session, while it also had its lowest trading level at $23.77.

Ratios:

For a better understanding of TBBB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.49.

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 2803896064 and an Enterprise Value of 11358860288. Its current Enterprise Value per Revenue stands at 0.258 whereas that against EBITDA is 8.84.

Stock Price History:

Over the past 52 weeks, TBBB has reached a high of $26.41, while it has fallen to a 52-week low of $18.71. The 50-Day Moving Average of the stock is 7.41%, while the 200-Day Moving Average is calculated to be 9.48%.

Shares Statistics:

Over the past 3-months, TBBB traded about 843.33K shares per day on average, while over the past 10 days, TBBB traded about 1011900 shares per day. Shares short for TBBB as of 1714435200 were 1751776 with a Short Ratio of 2.08, compared to 1711584000 on 2564184. Therefore, it implies a Short% of Shares Outstanding of 1751776 and a Short% of Float of 5.48.

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