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

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’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 Price Performance

The company has a debt-to-equity ratio of 0.75, a current ratio of 1.00 and a quick ratio of 1.00. The company has a 50 day moving average price of $2.04 and a 200 day moving average price of $2.14. The firm has a market cap of $2.46 billion, a PE ratio of 12.47 and a beta of 0.98.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 28th will be given a dividend of $0.0095 per share. This represents a $0.11 annualized dividend and a yield of 5.51%. The ex-dividend date is Friday, February 28th. Grupo Aval Acciones y Valores’s payout ratio is 52.94%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

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

Grupo Aval Acciones y Valores Company Profile

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.