Banco Macro S.A. ADR (NYSE:BMA) Up 71.4% Since 52-Week Low; YTD Rose 110.80% – Here’s What You Need To Do

Banco Macro S.A. ADR (NYSE:BMA)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 1.93. At the close of trading, the stock’s price was $57.51, to imply a decrease of -2.19% or -$1.29 in intraday trading. The BMA share’s 52-week high remains $66.35, putting it -15.37% down since that peak but still an impressive 71.4% since price per share fell to its 52-week low of $16.45. The company has a valuation of $3.61B, with an average of 459.31K shares over the past 3 months.

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

After registering a -2.19% downside in the last session, Banco Macro S.A. ADR (BMA) has traded red over the past five days. The stock hit a weekly high of 64.31, dropping -2.19% in its intraday price action. The 5-day price performance for the stock is -6.11%, and -8.50% over 30 days. With these gigs, the year-to-date price performance is 110.80%.

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Banco Macro S.A. ADR (BMA) estimates and forecasts

Looking at statistics comparing Banco Macro S.A. ADR share performance against respective industry, we note that the company has outperformed competitors. Banco Macro S.A. ADR (BMA) shares are 118.81% up over the last 6 months, with its year-to-date growth rate higher than industry average at 4.14% against 2.20%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 29.81% for the past 5-year period. While 2024 is set for a 12.55% return in earnings, projections for the next 5 years are at 24.74% annually.

BMA Dividends

Banco Macro S.A. ADR has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Banco Macro S.A. ADR has a forward dividend ratio of 0.00, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.