Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Down – What’s Next?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) gapped down before the market opened on Wednesday . The stock had previously closed at $2.16, but opened at $2.11. Grupo Aval Acciones y Valores shares last traded at $2.14, with a volume of 3,230 shares traded.

Grupo Aval Acciones y Valores Stock Performance

The company has a market cap of $2.55 billion, a price-to-earnings ratio of 12.71 and a beta of 0.99. 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 stock has a 50-day moving average price of $2.05 and a 200 day moving average price of $2.13.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 28th will be given a dividend of $0.0095 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Friday, February 28th. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 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 purchased a new position in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,987 shares of the bank’s stock, valued at approximately $30,000. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

About Grupo Aval Acciones y Valores

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.