Is Banco Latinoamericano De Comercio Exterior SA (BLX) Holding Up Well Over a Long-Time Horizon?

At the time of writing, Banco Latinoamericano De Comercio Exterior SA [BLX] stock is trading at $31.35, up 0.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BLX shares have gain 3.50% over the last week, with a monthly amount glided 1.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Banco Latinoamericano De Comercio Exterior SA [NYSE: BLX] stock has seen the most recent analyst activity on October 16, 2023, when Jefferies initiated its Buy rating and assigned the stock a price target of $37. Previously, Barclays started tracking the stock with Overweight rating on June 29, 2023, and set its price target to $32. On October 25, 2018, downgrade downgraded it’s rating to Underweight. JP Morgan upgraded its rating to a Neutral. JP Morgan downgraded its rating to a Underweight. JP Morgan downgraded its rating to Neutral for this stock on October 20, 2016. In a note dated April 18, 2008, JP Morgan upgraded an Neutral rating on this stock.

For the past year, the stock price of Banco Latinoamericano De Comercio Exterior SA fluctuated between $20.01 and $34.45. Banco Latinoamericano De Comercio Exterior SA [NYSE: BLX] shares were valued at $31.35 at the most recent close of the market.

Analyzing the BLX fundamentals

According to Banco Latinoamericano De Comercio Exterior SA [NYSE:BLX], the company’s sales were 811.16M for trailing twelve months, which represents an 27.97% jump. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.94 points at the first support level, and at 30.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.59, and for the 2nd resistance point, it is at 31.84.

Ratios To Look Out For

It is important to note that Banco Latinoamericano De Comercio Exterior SA [NYSE:BLX] has a current ratio of 1.04. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 5.93.

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