Daily Progress: Ambev S.A. ADR (ABEV) Drop -1.44, Closing at 2.06

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In the latest session, Ambev S.A. ADR (NYSE: ABEV) closed at $2.06 down -1.44% from its previous closing price of $2.09. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 60.89 million shares were traded. ABEV stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $2.05.

Ratios:

For a deeper understanding of Ambev S.A. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

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, Barclays on March 04, 2024, Downgraded its rating to Equal Weight and sets its target price to $3 from $3.50 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABEV now has a Market Capitalization of 32415952896 and an Enterprise Value of 23590680576. As of this moment, Ambev’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.10, and their Forward P/E ratio for the next fiscal year is 11.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 0.297 whereas that against EBITDA is 1.015.

Stock Price History:

Over the past 52 weeks, ABEV has reached a high of $3.00, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -4.09%, while the 200-Day Moving Average is calculated to be -15.82%.

Shares Statistics:

For the past three months, ABEV has traded an average of 18.27M shares per day and 20276630 over the past ten days. A total of 15.75B shares are outstanding, with a floating share count of 15.75B. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.92% stake in the company. Shares short for ABEV as of 1721001600 were 33492090 with a Short Ratio of 2.13, compared to 1718323200 on 27886992.

Dividends & Splits

According to the company, the forward annual dividend rate for ABEV is 0.15, from 0.73 in the trailing year. Against a Trailing Annual Dividend Yield of 0.34928232The stock’s 5-year Average Dividend Yield is 3.74.

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