Banco Frances Del Rio SA BBAR Stock

Banco Frances Del Rio SA stock trades under the ticker BBAR & has shown recent bullishness that traders & investors should take a closer look into.

BBAR stock closed at $3.24/share on 1/28/2022.

Banco Frances Del Rio SA BBAR Stock’s Technicals Broken Down

Banco Frances Del Rio SA BBAR Stock's Technical Performance Over The Last Year

BBAR Stock Price: $3.24

10 Day Moving Average: $3.04

50 Day Moving Average: $3.11

200 Day Moving Average: $3.40

RSI: 56

MACD: -0.047

On Friday, BBAR stock completed a bullish MACD crossover; gapping up 10.58% to break out above its 10 & 50 Day Moving Averages.

BBAR has been trading on above average volume in the last month, compared to the year prior.

With a neutral RSI, they look to have solid momentum to test the $3.29 & $3.50 price levels.

Banco Frances Del Rio SA BBAR Stock As A Long-Term Investment

Investors may find BBAR stock’s valuation metrics appealing, with a P/E(ttm) of 6.04 & a P/B (mrq) of 0.43.

BBAR recently had Quarterly Earnings Growth Y-o-Y of 9.6%.

Their balance sheet also looks appealing, with $183.65B in Total Cash (mrq) & $54.66B in Total Cash (mrq).

Unfortunately, they do not offer a dividend.

2.6% of BBAR stock’s share float is held by institutional investors.

Banco Frances Del Rio SA BBAR Stock As A Long-Term Investment

BBAR stock also has options that traders can use to profit from their price movements in either direction.

I am looking at the contracts with the 2/18 expiration date.

The $3 & $4 calls look appealing, but are very limited in open interest.

The $3 puts are the only strike price that have open interest, which may be able to be used as a hedge in the event their stock price falls.

Tying It All Together

Overall, BBAR stock has many interesting attributes that may appeal to traders & investors alike.

Their balance sheet & valuation metrics all look strong from an investing standpoint, but they sadly do not offer a dividend.

Their current momentum looks strong & set to continue, however there is limited open interest in their options.

BBAR stock is worth taking a closer look at to see if it fits into your trading & investing strategy.

*** I DO NOT OWN SHARES OF BBAR STOCK ***