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The closing price of Banco Macro S.A. ADR (NYSE: BMA) was $109.29 for the day, up 4.63% from the previous closing price of $104.45. In other words, the price has increased by $4.63 from its previous closing price. On the day, 0.69 million shares were traded. BMA stock price reached its highest trading level at $109.31 during the session, while it also had its lowest trading level at $100.4.
Ratios:
Our analysis of BMA’s different ratios will help us gain a deeper understanding of the company. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMA now has a Market Capitalization of 7384200704 and an Enterprise Value of -4745135652864. As of this moment, Banco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.32, and their Forward P/E ratio for the next fiscal year is 10.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at -1.367.
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 $24.41. The 50-Day Moving Average of the stock is 16.62%, while the 200-Day Moving Average is calculated to be 63.48%.
Shares Statistics:
BMA traded an average of 319.28K shares per day over the past three months and 394610 shares per day over the past ten days. A total of 62.82M shares are outstanding, with a floating share count of 62.81M. Insiders hold about 0.02% of the company’s shares, while institutions hold 10.86% stake in the company. Shares short for BMA as of 1731628800 were 627039 with a Short Ratio of 1.66, compared to 1728950400 on 703663. Therefore, it implies a Short% of Shares Outstanding of 627039 and a Short% of Float of 2.91.
