Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Unusually-High Trading Volume – Time to Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares saw unusually-strong trading volume on Thursday . Approximately 120,673 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 59,711 shares.The stock last traded at $2.35 and had previously closed at $2.35.

Grupo Aval Acciones y Valores Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.75. The company has a 50 day simple moving average of $2.14 and a 200-day simple moving average of $2.09. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 14.09 and a beta of 0.98.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

An institutional investor recently raised its position in Grupo Aval Acciones y Valores stock. First Affirmative Financial Network lifted its position in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 11.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,332 shares of the bank’s stock after purchasing an additional 6,744 shares during the quarter. First Affirmative Financial Network’s holdings in Grupo Aval Acciones y Valores were worth $139,000 at the end of the most recent reporting period. 0.21% of the stock is currently 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.