Why Ambev S.A. (NYSE:ABEV) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $5.5700 on Ambev S.A. (NYSE:ABEV) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.2700 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Ambev S.A. (NYSE:ABEV) stands at 25.3974. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Ambev S.A. American Depositary , the PEG ratio for coming 3-5 years is 1.7100. Technical Analysis The technical analysis highlights that Ambev S.A. American Depositary current price is trading $0.2827 points away +5.1319% from $5.5079, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $5.0178 and, for now, the stock price is trading $0.7727 or +15.4000% away from that point. The 52-week high of Ambev S.A. (NYSE:ABEV) was $6.3000 while lowest point recorded in 52-week was $3.8600. It implies if stock price makes a movement of over $-0.5094, it will record a new 52-week high. In the case of $+50.0155% points drop, it will touch a new 52-week low.

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