Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Crosses Above 50 Day Moving Average of $2.34

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL – Get Rating) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.34 and traded as high as $2.50. Grupo Aval Acciones y Valores shares last traded at $2.49, with a volume of 105,197 shares trading hands.

Grupo Aval Acciones y Valores Stock Performance

The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 2.83 and a beta of 1.19. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a 50 day moving average price of $2.34 and a 200-day moving average price of $2.72.

Grupo Aval Acciones y Valores (NYSE:AVAL – Get Rating) last announced its quarterly earnings data on Wednesday, November 16th. The bank reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $611.32 million for the quarter. Grupo Aval Acciones y Valores had a return on equity of 8.46% and a net margin of 15.76%. As a group, sell-side analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Large investors have recently bought and sold shares of the business. Truist Financial Corp purchased a new position in Grupo Aval Acciones y Valores in the second quarter valued at $38,000. Ballentine Partners LLC purchased a new position in Grupo Aval Acciones y Valores in the third quarter valued at $28,000. Signaturefd LLC increased its holdings in Grupo Aval Acciones y Valores by 75.6% in the third quarter. Signaturefd LLC now owns 12,313 shares of the bank’s stock valued at $30,000 after buying an additional 5,301 shares during the last quarter. Inspire Advisors LLC increased its holdings in Grupo Aval Acciones y Valores by 55.0% in the third quarter. Inspire Advisors LLC now owns 17,061 shares of the bank’s stock valued at $42,000 after buying an additional 6,055 shares during the last quarter. Finally, Ethic Inc. increased its holdings in Grupo Aval Acciones y Valores by 128.0% in the third quarter. Ethic Inc. now owns 24,970 shares of the bank’s stock valued at $61,000 after buying an additional 14,019 shares during the last quarter. Hedge funds and other institutional investors own 0.27% of the company’s stock.

About Grupo Aval Acciones y Valores

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Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.