Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Share Price Passes Above 200 Day Moving Average – Here’s Why

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $33.69 and traded as high as $37.95. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $37.61, with a volume of 48,043 shares trading hands.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Down 1.0 %

The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73. The firm has a 50 day simple moving average of $36.71 and a 200-day simple moving average of $33.69. The stock has a market cap of $1.37 billion, a P/E ratio of 6.88 and a beta of 1.16.

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

Institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new stake in Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at approximately $74,000. Longboard Asset Management LP bought a new stake in Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at approximately $202,000. Motley Fool Wealth Management LLC acquired a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at approximately $1,603,000. Hillsdale Investment Management Inc. grew its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% in the fourth quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank’s stock valued at $4,441,000 after purchasing an additional 900 shares during the last quarter. Finally, Beddow Capital Management Inc. grew its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% in the third quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank’s stock valued at $12,709,000 after purchasing an additional 7,423 shares during the last quarter. Institutional investors own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.