Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Large Volume Increase

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw unusually-high trading volume on Friday . Approximately 59,909 shares changed hands during mid-day trading, a decline of 13% from the previous session’s volume of 69,219 shares.The stock last traded at $2.16 and had previously closed at $2.16.

Grupo Aval Acciones y Valores Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.05 and a current ratio of 0.99. The company has a market capitalization of $2.59 billion, a P/E ratio of 27.00 and a beta of 0.98. The company’s fifty day simple moving average is $2.31 and its 200-day simple moving average is $2.41.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings data on Wednesday, May 15th. The bank reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.01 billion. Grupo Aval Acciones y Valores had a net margin of 1.17% and a return on equity of 0.65%. Research analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.29 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of hedge funds have recently made changes to their positions in AVAL. Inspire Advisors LLC increased its position in shares of Grupo Aval Acciones y Valores by 11.2% during the first quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock worth $155,000 after purchasing an additional 6,776 shares in the last quarter. First Affirmative Financial Network boosted its holdings in Grupo Aval Acciones y Valores by 17.9% in the first quarter. First Affirmative Financial Network now owns 54,549 shares of the bank’s stock worth $126,000 after acquiring an additional 8,268 shares in the last quarter. Catalina Capital Group LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth about $25,000. Fermata Advisors LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at approximately $26,000. Finally, Simplicity Wealth LLC acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $30,000. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

About Grupo Aval Acciones y Valores

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.