Ambev S.A. ADR (ABEV) is -6.94% away from 50-day simple Moving Average despite all headwinds

On Friday, Ambev S.A. ADR (NYSE: ABEV) opened lower -1.40% from the last session, before settling in for the closing price of $2.15. Price fluctuations for ABEV have ranged from $2.01 to $2.85 over the past 52 weeks.

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A company in the Consumer Defensive sector has jumped its sales by 3.77% annually for the last half of the decade. Company’s average yearly earnings per share was noted -14.16% at the time writing. With a float of $15.73 billion, this company’s outstanding shares have now reached $15.75 billion.

In an organization with 43000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.09%, operating margin of 23.53%, and the pretax margin is 21.2%.

Ambev S.A. ADR (ABEV) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Beverages – Brewers industry is another important factor to consider. The insider ownership of Ambev S.A. ADR is 0.00%, while institutional ownership is 8.80%.

Ambev S.A. ADR (ABEV) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -14.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.89% during the next five years compared to -0.73% drop over the previous five years of trading.

Ambev S.A. ADR (NYSE: ABEV) Trading Performance Indicators

Check out the current performance indicators for Ambev S.A. ADR (ABEV). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09. Likewise, its price to free cash flow for the trailing twelve months is 8.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.17, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.17 in one year’s time.

Technical Analysis of Ambev S.A. ADR (ABEV)

Let’s dig in a bit further. During the last 5-days, its volume was 21.2 million. That was better than the volume of 19.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.30%. Additionally, its Average True Range was 0.05.

During the past 100 days, Ambev S.A. ADR’s (ABEV) raw stochastic average was set at 18.52%, which indicates a significant decrease from 36.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.89% in the past 14 days, which was lower than the 25.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.28, while its 200-day Moving Average is $2.30. However, in the short run, Ambev S.A. ADR’s stock first resistance to watch stands at $2.16. Second resistance stands at $2.19. The third major resistance level sits at $2.25. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $2.01. The third support level lies at $1.98 if the price breaches the second support level.

Ambev S.A. ADR (NYSE: ABEV) Key Stats

There are currently 15,753,833K shares outstanding in the company with a market cap of 33.34 billion. Presently, the company’s annual sales total 15,971 M according to its annual income of 2,905 M. Last quarter, the company’s sales amounted to 3,984 M and its income totaled 623,890 K.