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ITUB’s Market Balancing Act: Weighing Gains and Losses in 2023

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 36.74%. However, over the past six months, we’ve seen a weaker performance of 16.81%. The price of ITUB fallen by 17.72% over the last 30 days. And in the last five days, it has surged by 4.73%.

Currently, the stock price of Itau Unibanco Holding S.A. ADR (ITUB) is $6.20. In the most recent trading session, the stock underwent a significant upswing, peaking at $6.26 after opening at $6.14. The stock touched a low of $6.125 before closing at $6.15.

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Itau Unibanco Holding S.A. ADR’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $6.20 on 11/16/23, with the lowest value being $4.05 on 12/14/22.

52-week price history of ITUB Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Itau Unibanco Holding S.A. ADR’s current trading price is 0.00% away from its 52-week high, while its distance from the 52-week low is 53.09%. The stock’s price range for this period has been between $4.05 and $6.20. The Financial sector company’s shares saw a trading volume of about 15.89 million for the day, which was lower than the average daily volume of 16.22 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Itau Unibanco Holding S.A. ADR (ITUB) has experienced a quarterly rise of 15.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.02B.

Expert Opinions: Analysts’ Ratings for Itau Unibanco Holding S.A. ADR

As of right now, 1 analyst is rating Itau Unibanco Holding S.A. ADR as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.62, with a change in price of +0.34. Similarly, Itau Unibanco Holding S.A. ADR recorded 16,957,014 in trading volume during the last 100 days, posting a change of +5.80%.

ITUB’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ITUB stands at 4.45. Similarly, the long-term debt-to-equity ratio is also 1.69.

ITUB Stock Stochastic Average

As of today, the raw stochastic average of Itau Unibanco Holding S.A. ADR over the last 50 days is at 94.74%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 93.94%. Further, the company’s Stochastic %K and %D values for the last 20 days were 94.74% and 92.66%, respectively.

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