Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Crosses Below 50 Day Moving Average – Here’s Why

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.15 and traded as low as $4.14. Grupo Aval Acciones y Valores shares last traded at $4.2250, with a volume of 41,769 shares traded.

Analyst Ratings Changes

Several research firms have commented on AVAL. Citigroup raised shares of Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Grupo Aval Acciones y Valores currently has a consensus rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Stock Performance

The company has a market cap of $5.02 billion, a price-to-earnings ratio of 12.80 and a beta of 0.69. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a fifty day simple moving average of $4.15 and a 200 day simple moving average of $3.50.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings data on Thursday, November 13th. The bank reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.23 billion. On average, sell-side analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.

Institutional Trading of Grupo Aval Acciones y Valores

Several hedge funds have recently added to or reduced their stakes in the business. Inspire Investing LLC grew its holdings in Grupo Aval Acciones y Valores by 37.4% in the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock valued at $55,000 after buying an additional 5,484 shares during the last quarter. Stokes Family Office LLC boosted its position in shares of Grupo Aval Acciones y Valores by 51.5% in the second quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock valued at $175,000 after acquiring an additional 21,129 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Grupo Aval Acciones y Valores by 69.0% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank’s stock valued at $59,000 after acquiring an additional 8,594 shares during the period. Vise Technologies Inc. acquired a new stake in shares of Grupo Aval Acciones y Valores in the second quarter worth $56,000. Finally, XTX Topco Ltd bought a new position in Grupo Aval Acciones y Valores during the second quarter worth $78,000. Institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.