Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.30 and traded as high as $4.96. Grupo Aval Acciones y Valores shares last traded at $4.84, with a volume of 112,732 shares.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Friday, January 9th. Citigroup lowered Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The stock has a market cap of $5.75 billion, a PE ratio of 14.67 and a beta of 0.63. The business has a fifty day simple moving average of $4.30 and a two-hundred day simple moving average of $3.77. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Thursday, November 13th. The bank reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.23 billion. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%. Research analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several hedge funds have recently bought and sold shares of AVAL. EverSource Wealth Advisors LLC bought a new position in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $34,000. Banco BTG Pactual S.A. raised its stake in Grupo Aval Acciones y Valores by 33.0% during the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock valued at $51,000 after buying an additional 3,871 shares during the last quarter. Plan A Wealth LLC boosted its holdings in Grupo Aval Acciones y Valores by 32.4% in the third quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after acquiring an additional 3,868 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores in the second quarter worth $56,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Grupo Aval Acciones y Valores by 69.0% during 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 in the last quarter. 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.