Currently, Banco Latinoamericano De Comercio Exterior SA [BLX] is trading at $37.96, up 0.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BLX shares have gain 9.87% over the last week, with a monthly amount drifted -0.63%, and not seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $27.37 and a high of $42.88 over the last 52 weeks. Banco Latinoamericano De Comercio Exterior SA [NYSE: BLX] shares were valued at $37.96 at the most recent close of the market.
Analyzing the BLX fundamentals
Trailing Twelve Months sales for Banco Latinoamericano De Comercio Exterior SA [NYSE:BLX] were 830.54M which represents 1.52% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.02.
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 37.57 points at the first support level, and at 37.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.34, and for the 2nd resistance point, it is at 38.73.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Banco Latinoamericano De Comercio Exterior SA [NYSE:BLX] is 0.87. Considering the valuation of this stock, the price to sales ratio is 1.60, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 6.77.
