Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Cross Below 50 Day Moving Average of $6.39


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Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.39 and traded as low as $6.22. Grupo Aval Acciones y Valores shares last traded at $6.31, with a volume of 45,771 shares.

Separately, Zacks Investment Research upgraded Grupo Aval Acciones y Valores from a “sell” rating to a “hold” rating in a report on Tuesday, February 23rd.

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.83. The stock has a 50 day simple moving average of $6.38 and a 200 day simple moving average of $5.94. The stock has a market cap of $7.03 billion, a price-to-earnings ratio of 9.92 and a beta of 1.39.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 13th. Shareholders of record on Monday, April 5th will be paid a $0.0246 dividend. The ex-dividend date is Thursday, April 1st. This represents a $0.30 dividend on an annualized basis and a yield of 4.68%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 32.93%.

Institutional investors have recently made changes to their positions in the business. Trexquant Investment LP acquired a new stake in Grupo Aval Acciones y Valores in the fourth quarter valued at approximately $181,000. JustInvest LLC boosted its position in shares of Grupo Aval Acciones y Valores by 33.8% during the fourth quarter. JustInvest LLC now owns 66,090 shares of the bank’s stock valued at $455,000 after buying an additional 16,713 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Grupo Aval Acciones y Valores by 18.9% during the fourth quarter. Northern Trust Corp now owns 498,388 shares of the bank’s stock valued at $3,429,000 after buying an additional 79,270 shares during the last quarter. 3.71% of the stock is owned by hedge funds and other institutional investors.

About Grupo Aval Acciones y Valores (NYSE:AVAL)

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. The company offers deposit products and services, such as checking and savings accounts, and time deposits, as well as other deposits, including deposits from correspondent banks, cashier checks, and collection services.

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