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After finishing at $1.83 in the prior trading day, Ambev S.A. ADR (NYSE: ABEV) closed at $1.77, down -3.28%. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 52.29 million shares were traded. ABEV stock price reached its highest trading level at $1.84 during the session, while it also had its lowest trading level at $1.76.
Ratios:
Our goal is to gain a better understanding of ABEV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.85. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 28946225152 and an Enterprise Value of 11023794176. As of this moment, Ambev’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.31, and their Forward P/E ratio for the next fiscal year is 10.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.134 whereas that against EBITDA is 0.468.
Stock Price History:
Over the past 52 weeks, ABEV has reached a high of $2.77, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is -16.13%, while the 200-Day Moving Average is calculated to be -19.76%.
Shares Statistics:
The stock has traded on average 27.49M shares per day over the past 3-months and 44161400 shares per day over the last 10 days, according to various share statistics. A total of 15.73B shares are outstanding, with a floating share count of 15.73B. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.80% stake in the company. Shares short for ABEV as of 1734048000 were 47941852 with a Short Ratio of 1.74, compared to 1731628800 on 72092827.
Dividends & Splits
In the trailing 12 months, ABEV’s forward annual dividend rate was 0.73, compared to 0.11 this year. Against a Trailing Annual Dividend Yield of 0.3989071The stock’s 5-year Average Dividend Yield is 4.21.