Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.69 and traded as high as $37.95. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $37.61, with a volume of 48,043 shares trading hands.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Down 0.1 %

The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73. The stock's fifty day moving average price is $36.81 and its two-hundred day moving average price is $33.78. The company has a market capitalization of $1.39 billion, a PE ratio of 6.95 and a beta of 1.16.

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

Several institutional investors and hedge funds have recently bought and sold shares of BLX. Beddow Capital Management Inc. increased its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% during the third quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank's stock valued at $12,709,000 after purchasing an additional 7,423 shares in the last quarter. Longboard Asset Management LP bought a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter valued at approximately $202,000. SBI Securities Co. Ltd. bought a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter valued at approximately $74,000. Hillsdale Investment Management Inc. increased its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% during the fourth quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank's stock valued at $4,441,000 after purchasing an additional 900 shares in the last quarter. Finally, Motley Fool Wealth Management LLC bought a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter valued at approximately $1,603,000. 19.47% of the stock is currently owned by hedge funds and other institutional investors.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.