On November 20, 2023, Banco Macro S.A. ADR (NYSE: BMA) opened at $23.84, higher 20.16% from the last session. During the day, the shares moved up to $26.03 and dropped to $22.99 before settling in for the closing price of $20.24. Price fluctuations for BMA have ranged from $11.22 to $27.56 over the past 52 weeks.
Financial Sector giant saw their annual sales surged by 24.98% over the last five years. Company’s average yearly earnings per share was noted -13.18% at the time writing. With a float of $62.80 million, this company’s outstanding shares have now reached $62.82 million.
Banco Macro S.A. ADR (BMA) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Banco Macro S.A. ADR is 0.03%, while institutional ownership is 4.30%.
Banco Macro S.A. ADR (BMA) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/29/2023, the company posted $2.97 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.14) by $1.83. This company achieved a net margin of +5.54 while generating a return on equity of 11.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.74% during the next five years compared to -11.82% drop over the previous five years of trading.
Banco Macro S.A. ADR (NYSE: BMA) Trading Performance Indicators
Check out the current performance indicators for Banco Macro S.A. ADR (BMA). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.75, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 3.21 in one year’s time.
Technical Analysis of Banco Macro S.A. ADR (BMA)
Analysing the last 5-days average volume posted by the [Banco Macro S.A. ADR, BMA], we can find that recorded value of 0.48 million was better than the volume posted last year of 0.27 million. As of the previous 9 days, the stock’s Stochastic %D was 60.02%. Additionally, its Average True Range was 1.37.
During the past 100 days, Banco Macro S.A. ADR’s (BMA) raw stochastic average was set at 65.18%, which indicates a significant decrease from 78.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.86% in the past 14 days, which was higher than the 56.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.09, while its 200-day Moving Average is $21.11. Now, the first resistance to watch is $25.90. This is followed by the second major resistance level at $27.49. The third major resistance level sits at $28.94. If the price goes on to break the first support level at $22.86, it is likely to go to the next support level at $21.41. Now, if the price goes above the second support level, the third support stands at $19.82.
Banco Macro S.A. ADR (NYSE: BMA) Key Stats
There are currently 63,940K shares outstanding in the company with a market cap of 1.53 billion. Presently, the company’s annual sales total 6,230 M according to its annual income of 313,960 K. Last quarter, the company’s sales amounted to 1,982 M and its income totaled 189,760 K.