Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.30 and traded as high as $4.96. Grupo Aval Acciones y Valores shares last traded at $4.84, with a volume of 112,732 shares trading hands.

Analyst Ratings Changes

Several brokerages have recently issued reports on AVAL. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Friday, January 9th. Citigroup cut Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Grupo Aval Acciones y Valores currently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The stock has a market capitalization of $5.75 billion, a PE ratio of 14.67 and a beta of 0.63. The firm’s fifty day moving average price is $4.30 and its two-hundred day moving average price is $3.77. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its earnings results on Thursday, November 13th. The bank reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.23 billion. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. On average, equities analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Plan A Wealth LLC boosted its position in Grupo Aval Acciones y Valores by 32.4% in the third quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after purchasing an additional 3,868 shares during the last quarter. Banco BTG Pactual S.A. boosted its holdings in shares of Grupo Aval Acciones y Valores by 33.0% in the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after buying an additional 3,871 shares during the last quarter. Sage Investment Counsel LLC grew its position in Grupo Aval Acciones y Valores by 17.2% during the third quarter. Sage Investment Counsel LLC now owns 34,000 shares of the bank’s stock valued at $112,000 after buying an additional 5,000 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Grupo Aval Acciones y Valores by 69.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank’s stock valued at $59,000 after buying an additional 8,594 shares during the last quarter. Finally, First Affirmative Financial Network increased its holdings in Grupo Aval Acciones y Valores by 18.0% during the third quarter. First Affirmative Financial Network now owns 72,977 shares of the bank’s stock valued at $241,000 after buying an additional 11,131 shares during the last quarter. Institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.