Let’s start up with the current stock price of Itau Unibanco Holding S.A. (ITUB), which is $4.99 to be very precise. The Stock rose vividly during the last session to $5.045 after opening rate of $5.03 while the lowest price it went was recorded $4.87 before closing at $4.94.Recently in News on August 25, 2022, Itaú Unibanco Holding S.A.: Material Fact – Stock Buyback Program. ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors has approved, at the meeting held on August 25, 2022, a stock buyback program, which will be effective as of this date, and authorizes the Company to buy up to 75,000,000 own preferred shares, without a capital reduction, to be held in treasury, cancelled or replaced in the market, pursuant to Article 30, §§ 1 and 2, of the Brazilian Corporate Law (Law No. 6,404/76) and CVM Resolution 77/22. You can read further details here
Itau Unibanco Holding S.A. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.07 on 11/04/22, with the lowest value was $3.71 for the same time period, recorded on 01/03/22.
Itau Unibanco Holding S.A. (ITUB) full year performance was 30.93%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Itau Unibanco Holding S.A. shares are logging -17.72% during the 52-week period from high price, and 41.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.53 and $6.07.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 62192180 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Itau Unibanco Holding S.A. (ITUB) recorded performance in the market was 35.58%, having the revenues showcasing -2.35% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 44.76B, as it employees total of 100600 workers.
Analysts verdict on Itau Unibanco Holding S.A. (ITUB)
During the last month, 0 analysts gave the Itau Unibanco Holding S.A. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.06, with a change in the price was noted +0.71. In a similar fashion, Itau Unibanco Holding S.A. posted a movement of +16.59% for the period of last 100 days, recording 44,304,160 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ITUB is recording 4.39 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.52.
Itau Unibanco Holding S.A. (ITUB): Technical Analysis
Raw Stochastic average of Itau Unibanco Holding S.A. in the period of last 50 days is set at 20.66%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 20.66%. In the last 20 days, the company’s Stochastic %K was 15.74% and its Stochastic %D was recorded 10.83%.
Let’s take a glance in the erstwhile performances of Itau Unibanco Holding S.A., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 35.58%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.35%, alongside a boost of 30.93% for the period of the last 12 months. The shares increased approximately by 0.81% in the 7-day charts and went up by -16.65% in the period of the last 30 days. Common stock shares were lifted by -2.35% during last recorded quarter.