Ambev S.A. (ABEV) : During the past 4 weeks, traders have been relatively bearish on Ambev S.A. (ABEV), hence the stock is down -2.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.03% relative to the S&P 500. The 4-week change in the price of the stock is -4.53% and the stock has fallen -1.5% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.36% and the 50-Day Moving Average is 1.27%.The 200 Day SMA reached 13.11% Ambev S.A. is up 9.26% in the last 3-month period. Year-to-Date the stock performance stands at 32.29%.
Ambev S.A. (ABEV) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $6 and the lowest price target forecast is $5. The average forecast of all the analysts is $5.75 and the expected standard deviation is $0.92.
Company shares have received an average consensus rating of Hold for the current week Ambev S.A. (NYSE:ABEV): stock was range-bound between the intraday low of $5.84 and the intraday high of $5.93 after having opened at $5.9 on Fridays session. The stock finally closed in the red at $5.9, a loss of -1.17%. The stock remained in the red for the whole trading day. The total traded volume was 14,792,742 shares. The stock failed to cross $5.93 in Fridays trading. The stocks closing price on Thursday was $5.9.
Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector. Ambev produces, distributes and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products across the Americas. The Company conducts its operations through three business units: Latin America North includes its operations in Brazil, where Ambev operates two divisions: beer sales (Beer Brazil) and carbonated soft drinks and non-alcoholic non-carbonated sales (CSD & NANC Brazil), and its Hispanic Latin America Operations, Excluding Latin America South (HILA-Ex), which includes its operations in the Dominican Republic, Venezuela, Ecuador, Guatemala (which also serves El Salvador and Nicaragua) and Peru; Latin America South includes its operations in Argentina, Bolivia, Paraguay, Uruguay and Chile, and Canada, among others.