Itau Unibanco Holding S.A. ADR (ITUB) Shares Up Despite Recent Market Volatility

Itau Unibanco Holding S.A. ADR (NYSE: ITUB)’s stock price has soared by 1.28 in relation to previous closing price of 6.62. Nevertheless, the company has seen a gain of 1.44% in its stock price over the last five trading days. zacks.com reported 2024-09-06 that Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.

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

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) has a higher price-to-earnings ratio of 8.95x compared to its average ratio. ITUB has 36-month beta value of 0.96. Analysts have mixed views 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 4.81B, and currently, short sellers hold a 0.49% ratio of that float. The average trading volume of ITUB on September 13, 2024 was 17.95M shares.

ITUB’s Market Performance

ITUB stock saw a decrease of 1.44% in the past week, with a monthly decline of -0.03% and a quarterly a decrease of 16.25%. The volatility ratio for the week is 1.88%, and the volatility levels for the last 30 days are 1.80% for Itau Unibanco Holding S.A. ADR (ITUB). The simple moving average for the past 20 days is 0.41% for ITUB’s stock, with a 4.82% simple moving average for the past 200 days.

ITUB Trading at 5.83% 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 -6.16% of loss for the given period.

Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares sank -1.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.67% upper at present.

During the last 5 trading sessions, ITUB rose by +1.36%, which changed the moving average for the period of 200-days by +7.72% in comparison to the 20-day moving average, which settled at $6.68. In addition, Itau Unibanco Holding S.A. ADR saw -1.79% 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:

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

The net margin for Itau Unibanco Holding S.A. ADR stands at 0.15. The total capital return value is set at 0.03. Equity return is now at value 20.56, with 1.48 for asset returns.

Based on Itau Unibanco Holding S.A. ADR (ITUB), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 4.55. The interest coverage ratio of the stock is 0.29.

Currently, EBITDA for the company is -2.6 billion with net debt to EBITDA at 64.76. When we switch over and look at the enterprise to sales, we see a ratio of 4.16. The receivables turnover for the company is 2.53for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.

Conclusion

To put it simply, Itau Unibanco Holding S.A. ADR (ITUB) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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