Grupo Aval Acciones y Valores (NYSE:AVAL) Share Price Crosses Above Fifty Day Moving Average of $2.13

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.13 and traded as high as $2.18. Grupo Aval Acciones y Valores shares last traded at $2.10, with a volume of 27,469 shares.

Grupo Aval Acciones y Valores Trading Down 0.9 %

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.99 and a quick ratio of 1.05. The firm’s 50 day moving average is $2.13 and its 200 day moving average is $2.31. The company has a market capitalization of $2.49 billion, a PE ratio of 26.25 and a beta of 0.98.

Grupo Aval Acciones y Valores Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 1st were paid a $0.0084 dividend. This represents a dividend yield of 4.86%. The ex-dividend date of this dividend was Wednesday, July 31st. Grupo Aval Acciones y Valores’s payout ratio is 125.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Simplicity Wealth LLC purchased a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at $30,000. Stokes Family Office LLC increased its position in Grupo Aval Acciones y Valores by 64.5% during the 2nd quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock valued at $111,000 after purchasing an additional 20,000 shares during the period. Inspire Advisors LLC increased its position in Grupo Aval Acciones y Valores by 11.2% during the 1st quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock valued at $155,000 after purchasing an additional 6,776 shares during the period. Catalina Capital Group LLC purchased a new position in Grupo Aval Acciones y Valores during the 1st quarter valued at $25,000. Finally, Fermata Advisors LLC purchased a new position in Grupo Aval Acciones y Valores during the 1st quarter valued at $26,000. 0.21% of the stock is owned by hedge funds and other institutional investors.

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.