Itau Unibanco Holding S.A. ADR (ITUB) 20 Days SMA touches -6.98%: The odds favor the bear

On Friday, Itau Unibanco Holding S.A. ADR (NYSE: ITUB) was -2.89% drop from the session before settling in for the closing price of $5.53. A 52-week range for ITUB has been $5.25 – $7.08.

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During the last 5-year period, the sales growth of Financial Sector giant was 8.96%. When this article was written, the company’s average yearly earnings per share was at 7.44%. With a float of $4.82 billion, this company’s outstanding shares have now reached $4.83 billion.

Let’s determine the extent of company efficiency that accounts for 95702 employees. In terms of profitability, gross margin is 119.73%, operating margin of 19.28%, and the pretax margin is 18.1%.

Itau Unibanco Holding S.A. ADR (ITUB) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Itau Unibanco Holding S.A. ADR stocks. The insider ownership of Itau Unibanco Holding S.A. ADR is 0.59%, while institutional ownership is 18.97%.

Itau Unibanco Holding S.A. ADR (ITUB) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.90% during the next five years compared to -0.71% drop over the previous five years of trading.

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Trading Performance Indicators

You can see what Itau Unibanco Holding S.A. ADR (ITUB) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 0.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.81 in one year’s time.

Technical Analysis of Itau Unibanco Holding S.A. ADR (ITUB)

Looking closely at Itau Unibanco Holding S.A. ADR (NYSE: ITUB), its last 5-days average volume was 33.34 million, which is a jump from its year-to-date volume of 18.65 million. As of the previous 9 days, the stock’s Stochastic %D was 22.08%. Additionally, its Average True Range was 0.15.

During the past 100 days, Itau Unibanco Holding S.A. ADR’s (ITUB) raw stochastic average was set at 7.14%, which indicates a significant decrease from 15.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.59% in the past 14 days, which was higher than the 27.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.08, while its 200-day Moving Average is $6.31. However, in the short run, Itau Unibanco Holding S.A. ADR’s stock first resistance to watch stands at $5.46. Second resistance stands at $5.56. The third major resistance level sits at $5.61. If the price goes on to break the first support level at $5.32, it is likely to go to the next support level at $5.27. Should the price break the second support level, the third support level stands at $5.17.

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Key Stats

There are 9,800,867K outstanding shares of the company, which has a market capitalization of 26.02 billion. As of now, sales total 62,738 M while income totals 6,631 M. Its latest quarter income was 13,092 M while its last quarter net income were 1,869 M.