Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Banco Macro S.A. ADR (NYSE: BMA) closed at $80.30 down -8.68% from its previous closing price of $87.93. In other words, the price has decreased by -$8.68 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
For a deeper understanding of Banco Macro S.A. ADR’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.
On August 30, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $14 to $78.
BofA Securities Upgraded its Underperform to Neutral on August 08, 2024, whereas the target price for the stock was revised from $53 to $62.
Valuation Measures:
As of this moment, Banco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.91, and their Forward P/E ratio for the next fiscal year is 5.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.34.
Stock Price History:
Over the past 52 weeks, BMA has reached a high of $118.42, while it has fallen to a 52-week low of $32.76. The 50-Day Moving Average of the stock is -19.56%, while the 200-Day Moving Average is calculated to be 10.24%.
Shares Statistics:
A total of 62.82M shares are outstanding, with a floating share count of 62.74M. Insiders hold about 0.12% of the company’s shares, while institutions hold 11.97% stake in the company.
