Banco BBVA Argentina S.A. (NYSE:BBAR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $12.75 and last traded at $12.72, with a volume of 154220 shares. The stock had previously closed at $12.37.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Banco BBVA Argentina from a "hold" rating to a "buy" rating in a research note on Monday, September 2nd.
View Our Latest Analysis on Banco BBVA Argentina
Banco BBVA Argentina Trading Up 9.0 %
The company has a fifty day simple moving average of $10.98 and a two-hundred day simple moving average of $10.07. The company has a current ratio of 0.91, a quick ratio of 0.82 and a debt-to-equity ratio of 0.03. The company has a market cap of $2.75 billion, a PE ratio of 8.33 and a beta of 1.50.
Banco BBVA Argentina (NYSE:BBAR - Get Free Report) last released its earnings results on Wednesday, August 21st. The bank reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.35. Banco BBVA Argentina had a net margin of 4.23% and a return on equity of 9.98%. The firm had revenue of $892.11 million for the quarter, compared to analyst estimates of $599.49 million. Analysts anticipate that Banco BBVA Argentina S.A. will post 1.88 EPS for the current year.
Institutional Trading of Banco BBVA Argentina
Institutional investors have recently bought and sold shares of the business. Truist Financial Corp purchased a new stake in shares of Banco BBVA Argentina during the 2nd quarter worth approximately $167,000. SG Americas Securities LLC purchased a new stake in Banco BBVA Argentina in the third quarter valued at $246,000. Fourth Sail Capital LP boosted its stake in Banco BBVA Argentina by 74.6% in the second quarter. Fourth Sail Capital LP now owns 2,361,386 shares of the bank's stock valued at $21,843,000 after acquiring an additional 1,009,103 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Banco BBVA Argentina by 239.7% during the first quarter. Quantbot Technologies LP now owns 27,918 shares of the bank's stock worth $237,000 after purchasing an additional 19,700 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Banco BBVA Argentina during the first quarter worth about $413,000.
About Banco BBVA Argentina
(
Get Free Report)
Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.
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