Grupo Aval Acciones y Valores (NYSE:AVAL) Share Price Crosses Below Two Hundred Day Moving Average of $2.24

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.24 and traded as low as $2.02. Grupo Aval Acciones y Valores shares last traded at $2.04, with a volume of 8,507 shares changing hands.

Grupo Aval Acciones y Valores Price Performance

The stock has a market capitalization of $2.46 billion, a P/E ratio of 25.88 and a beta of 0.99. The company has a 50 day moving average of $2.08 and a 200-day moving average of $2.24. The company has a quick ratio of 1.05, a current ratio of 0.89 and a debt-to-equity ratio of 0.77.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings results on Wednesday, August 14th. The bank reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $953.94 million during the quarter, compared to the consensus estimate of $994.03 million. Grupo Aval Acciones y Valores had a return on equity of 1.46% and a net margin of 1.30%. Sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.2 EPS for the current year.

Grupo Aval Acciones y Valores Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 1st were issued a $0.0084 dividend. This represents a yield of 4.86%. The ex-dividend date of this dividend was Wednesday, July 31st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 125.00%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Inspire Advisors LLC lifted its position in Grupo Aval Acciones y Valores by 11.2% in the first quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock worth $155,000 after purchasing an additional 6,776 shares during the period. First Affirmative Financial Network grew its holdings in Grupo Aval Acciones y Valores by 17.9% during the first quarter. First Affirmative Financial Network now owns 54,549 shares of the bank’s stock worth $126,000 after acquiring an additional 8,268 shares during the period. Catalina Capital Group LLC bought a new stake in Grupo Aval Acciones y Valores in the first quarter worth about $25,000. Fermata Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores in the 1st quarter valued at about $26,000. Finally, Simplicity Wealth LLC acquired a new stake in Grupo Aval Acciones y Valores during the second quarter valued at approximately $30,000. 0.21% of the stock is currently owned by institutional investors.

Grupo Aval Acciones y Valores Company Profile

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.