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

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $30.67 and traded as high as $33.30. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $32.81, with a volume of 96,074 shares changing hands.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Up 0.3 %

The firm has a fifty day moving average of $31.61 and a two-hundred day moving average of $30.67. The company has a market cap of $1.20 billion, a PE ratio of 6.66 and a beta of 1.17. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 2.80.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $1.36 EPS for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 23.87% and a return on equity of 15.91%. The company had revenue of $75.04 million during the quarter. As a group, sell-side analysts predict that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers boosted its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.9% in the second quarter. Rhumbline Advisers now owns 47,093 shares of the bank's stock worth $1,397,000 after acquiring an additional 411 shares during the period. Meeder Asset Management Inc. grew its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 77.8% in the 2nd quarter. Meeder Asset Management Inc. now owns 969 shares of the bank's stock worth $29,000 after buying an additional 424 shares in the last quarter. Beddow Capital Management Inc. grew its position in Banco Latinoamericano de Comercio Exterior, S. A. by 1.0% in the second quarter. Beddow Capital Management Inc. now owns 383,738 shares of the bank's stock worth $11,386,000 after acquiring an additional 3,771 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.9% in the 1st quarter. LSV Asset Management now owns 962,524 shares of the bank's stock worth $28,510,000 after purchasing an additional 9,038 shares during the period. Finally, Sagil Capital LLP increased its position in Banco Latinoamericano de Comercio Exterior, S. A. by 72.8% during the second quarter. Sagil Capital LLP now owns 189,118 shares of the bank's stock valued at $5,611,000 after acquiring an additional 79,701 shares during the last quarter. Institutional investors own 19.47% of the company's stock.

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.