Grupo Aval Acciones y Valores (NYSE:AVAL) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4.06 and traded as high as $4.12. Grupo Aval Acciones y Valores shares last traded at $4.0650, with a volume of 110,655 shares changing hands.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citigroup upgraded shares of Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Trading Down 1.6%

The company has a debt-to-equity ratio of 0.69, a current ratio of 1.01 and a quick ratio of 1.01. The business has a 50-day moving average of $4.06 and a 200-day moving average of $3.42. The firm has a market cap of $4.83 billion, a price-to-earnings ratio of 12.32 and a beta of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings data on Thursday, November 13th. The bank reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%. Research analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current year.

Institutional Trading of Grupo Aval Acciones y Valores

A number of large investors have recently added to or reduced their stakes in AVAL. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter worth about $34,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $34,000. Banco BTG Pactual S.A. boosted its stake in shares of Grupo Aval Acciones y Valores by 33.0% during the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after acquiring an additional 3,871 shares during the period. Plan A Wealth LLC boosted its stake in shares of Grupo Aval Acciones y Valores by 32.4% during the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after acquiring an additional 3,868 shares during the period. Finally, Inspire Investing LLC increased its holdings in shares of Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock worth $55,000 after acquiring an additional 5,484 shares during the last quarter. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.