How To Know If Banco Macro S.A. ADR (NYSE:BMA) Is Expensive At $60.22.

In last trading session, Banco Macro S.A. ADR (NYSE:BMA) saw 0.64 million shares changing hands with its beta currently measuring 2.04. Company’s recent per share price level of $60.22 trading at $4.11 or 7.32% at ring of the bell on the day assigns it a market valuation of $3.78B. That closing price of BMA’s stock is at a premium of 5.2% from its 52-week high price of $57.09 and is indicating a premium of 75.57% from its 52-week low price of $14.71. Taking a look at company’s average trading volume volume of 390.09K if we extend that period to 3-months.

Banco Macro S.A. ADR (NYSE:BMA) trade information

Upright in the green during last session for gaining 7.32%, in the last five days BMA remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $60.22 price level, adding 0.61% to its value on the day. Banco Macro S.A. ADR’s shares saw a change of 114.61% in year-to-date performance and have moved 17.21% in past 5-day. Banco Macro S.A. ADR (NYSE:BMA) showed a performance of 21.05% in past 30-days.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 29.81% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -17.76% while estimates for its earnings growth in next 5 years are of 24.74%.

BMA Dividends

Banco Macro S.A. ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.