Itau Unibanco Holding S.A. ADR (ITUB) Stock Sees a1.10 Increase

In the past week, ITUB stock has gone up by 2.32%, with a monthly decline of -7.62% and a quarterly plunge of -12.56%. The volatility ratio for the week is 2.06%, and the volatility levels for the last 30 days are 1.88% for Itau Unibanco Holding S.A. ADR The simple moving average for the last 20 days is -0.66% for ITUB’s stock, with a simple moving average of -3.98% for the last 200 days.

Is It Worth Investing in Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Right Now?

The price-to-earnings ratio for Itau Unibanco Holding S.A. ADR (NYSE: ITUB) is 8.85x, which is above its average ratio. Moreover, the 36-month beta value for ITUB is 0.96. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”

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The public float for ITUB is 4.82B and currently, short sellers hold a 0.52% of that float. On June 21, 2024, ITUB’s average trading volume was 17.63M shares.

ITUB) stock’s latest price update

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) has experienced a rise in its stock price by 1.10 compared to its previous closing price of 5.89. However, the company has seen a gain of 2.32% in its stock price over the last five trading days. zacks.com reported 2024-05-28 that Itau Unibanco (ITUB) unveils its plan to merge with its subsidiary, Hipercard. This is set to help the company achieve greater synergy, streamline costs and improve efficiency.

ITUB Trading at -3.53% from the 50-Day Moving Average

After a stumble in the market that brought ITUB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.33% of loss for the given period.

Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 2.06%, as shares sank -5.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.82% lower at present.

During the last 5 trading sessions, ITUB rose by +2.32%, which changed the moving average for the period of 200-days by +10.48% in comparison to the 20-day moving average, which settled at $5.98. In addition, Itau Unibanco Holding S.A. ADR saw -13.47% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ITUB

Current profitability levels for the company are sitting at:

  • 0.22 for the present operating margin
  • 1.0 for the gross margin

The net margin for Itau Unibanco Holding S.A. ADR stands at 0.18. The total capital return value is set at 0.02. Equity return is now at value 18.71, with 1.37 for asset returns.

Based on Itau Unibanco Holding S.A. ADR (ITUB), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 1.54. The interest coverage ratio of the stock is 0.37.

Currently, EBITDA for the company is -2.6 billion with net debt to EBITDA at 10.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.

Conclusion

To wrap up, the performance of Itau Unibanco Holding S.A. ADR (ITUB) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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