Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Down – Should You Sell?

Posted by Michael Baxter on Nov 29th, 2024

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $2.12, but opened at $2.04. Grupo Aval Acciones y Valores shares last traded at $2.08, with a volume of 18,723 shares.

Grupo Aval Acciones y Valores Stock Down 2.8 %

The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 12.12 and a beta of 0.98. The firm’s 50 day moving average price is $2.04 and its two-hundred day moving average price is $2.14. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.0095 per share. The ex-dividend date is Friday, February 28th. This represents a $0.11 annualized dividend and a dividend yield of 5.53%. Grupo Aval Acciones y Valores’s dividend payout ratio is presently 52.94%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Grupo Aval Acciones y Valores stock. Simplicity Wealth LLC acquired a new position in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,987 shares of the bank’s stock, valued at approximately $30,000. Institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

(Get Free Report)

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. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.