Ambev S.A. ADR (ABEV) kicked off at the price of $2.35: Venture capitalists have an exciting new opportunity

Sana Meer

Ambev S.A. ADR (NYSE: ABEV) on Monday, soared 1.73% from the previous trading day, before settling in for the closing price of $2.31. Within the past 52 weeks, ABEV’s price has moved between $1.76 and $2.63.

Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Defensive sector was -2.17%. The company achieved an average annual earnings per share of 9.52%. With a float of $15.59 billion, this company’s outstanding shares have now reached $15.59 billion.

Ambev S.A. ADR (ABEV) Breakdown of a Key Holders of the stock

Observing investor behavior towards Beverages – Brewers industry stocks is more important than anything else. The insider ownership of Ambev S.A. ADR is 0.00%, while institutional ownership is 7.51%.

Ambev S.A. ADR (ABEV) Recent Fiscal highlights

As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.05 earnings per share (EPS) for the period topping the consensus outlook (set at 0.05) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.41% during the next five years compared to -2.17% drop over the previous five years of trading.

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

Ambev S.A. ADR (ABEV) is currently performing well based on its current performance indicators. A quick ratio of 0.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.29. Likewise, its price to free cash flow for the trailing twelve months is 9.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.16, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.18 in one year’s time.

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

Compared to the last year’s volume of 35.64 million, its volume of 62.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.48%.

During the past 100 days, Ambev S.A. ADR’s (ABEV) raw stochastic average was set at 60.98%, which indicates a significant decrease from 90.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.05 in the past 14 days, which was higher than the 0.05 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.23, while its 200-day Moving Average is $2.26. Nevertheless, the first resistance level for the watch stands at $2.37 in the near term. At $2.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.40. If the price goes on to break the first support level at $2.34, it is likely to go to the next support level at $2.32. Now, if the price goes above the second support level, the third support stands at $2.31.

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

Market capitalization of the company is 36.64 billion based on 15,757,657K outstanding shares. Right now, sales total 16,585 M and income totals 2,677 M. The company made 3,546 M in profit during its latest quarter, and 479,680 K in sales during its previous quarter.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.