Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $34.18 and traded as high as $38.67. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $38.32, with a volume of 78,157 shares changing hands.

Banco Latinoamericano de Comercio Exterior, S. A. Price Performance

The stock has a market cap of $1.40 billion, a PE ratio of 7.00 and a beta of 1.16. The stock’s fifty day moving average is $37.21 and its 200-day moving average is $34.18. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.77 and a quick ratio of 1.77.

Institutional Investors Weigh In On Banco Latinoamericano de Comercio Exterior, S. A.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth $74,000. Longboard Asset Management LP acquired a new position in Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at about $202,000. Sterling Capital Management LLC boosted its stake in Banco Latinoamericano de Comercio Exterior, S. A. by 5.7% during the fourth quarter. Sterling Capital Management LLC now owns 14,497 shares of the bank’s stock worth $516,000 after buying an additional 779 shares during the period. Motley Fool Wealth Management LLC acquired a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter valued at about $1,603,000. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% in the 4th quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank’s stock valued at $4,441,000 after acquiring an additional 900 shares during the period. Hedge funds and other institutional investors own 19.47% of the company’s stock.

About Banco Latinoamericano de Comercio Exterior, S. A.

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.