Finance

Which Stock Worth Buying? Itau Unibanco Banco Holding SA (NYSE:ITUB)

Itau Unibanco Banco Holding SA (NYSE:ITUB), closed the last trading session at $7.89 with decrease of $-0.0600000000000005 or -0.75 percent against the opening price of $7.95. The trading day volume of the company stands at 18.69 Million shares while the average trading volume of Itau Unibanco Banco Holding SA (NYSE:ITUB) is 21 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 9.28 Billion.

The price target of Itau Unibanco Banco Holding SA (NYSE:ITUB) is currently set at 10.13 by the analysts. The stock is $-19.55 Below its 1-Year High which is $9.81. ITUB hit its 1-Year low price of $7.41. The company is currently rated by analyst who are keeping a close eye on the stock as 3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Itau Unibanco Banco Holding SA (NYSE:ITUB)

The value of the stock increased by 1.54% during the previous week performance. Looking at the 1 month performance of Itau Unibanco Banco Holding SA (NYSE:ITUB), the stock dipped -6.74%. While the 1 year performance shows a negative percentage of -16.16 and year to date performance stands at -13.77%.

Itau Unibanco Banco Holding SA (NYSE:ITUB) Analytical Review

The stock needs to grow about $2.24 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -0.77%, -6.81% and -8.08 percent respectively. The stock trades about 0.38 percent of its Float giving its total shares Outstanding are 9.28 Billion. ITUB gained about -6.98 percent in 6 months showing its Average True Range of 0.2. The company currently has a RSI and Beta of 42.9 and 0.79.

While talking about Itau Unibanco Banco Holding SA (NYSE:ITUB) valuation ratios, the stock trades with a P/S and P/B of 2.23 and 2.55 which is significantly better and attractive as compared to its peers.