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) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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.

Wall Street Analysts Forecast Growth

AVAL has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Tuesday, October 14th. Citigroup upgraded Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Stock Down 0.1%

The business’s 50-day moving average is $4.15 and its 200-day moving average is $3.50. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 12.80 and a beta of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Thursday, November 13th. The bank reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%.The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.23 billion. On average, equities analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at about $34,000. Banco BTG Pactual S.A. grew its stake in shares of 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 purchasing an additional 3,871 shares during the last quarter. Plan A Wealth LLC increased its holdings in shares of 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 valued at $52,000 after purchasing an additional 3,868 shares in the last quarter. Inspire Investing LLC raised its position 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 worth $55,000 after purchasing an additional 5,484 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in Grupo Aval Acciones y Valores in the 2nd quarter worth approximately $56,000. 0.21% of the stock is owned by institutional investors.

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.