Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Large Volume Increase – Should You Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw strong trading volume on Friday . 145,239 shares changed hands during trading, an increase of 100% from the previous session’s volume of 72,509 shares.The stock last traded at $2.74 and had previously closed at $2.77.

Grupo Aval Acciones y Valores Stock Performance

The stock has a market capitalization of $3.20 billion, a PE ratio of 15.85 and a beta of 1.05. The business’s 50 day moving average is $2.73 and its 200 day moving average is $2.29. The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.79.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AVAL. Banco BTG Pactual S.A. lifted its stake in shares of Grupo Aval Acciones y Valores by 121.8% during the 4th quarter. Banco BTG Pactual S.A. now owns 34,154 shares of the bank’s stock worth $71,000 after acquiring an additional 18,757 shares during the last quarter. Truffle Hound Capital LLC purchased a new stake in Grupo Aval Acciones y Valores in the fourth quarter worth $3,451,000. Natural Investments LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth $34,000. Inspire Advisors LLC lifted its position in shares of Grupo Aval Acciones y Valores by 13.5% during the fourth quarter. Inspire Advisors LLC now owns 79,251 shares of the bank’s stock worth $161,000 after purchasing an additional 9,456 shares during the last quarter. Finally, Sage Investment Counsel LLC bought a new position in shares of Grupo Aval Acciones y Valores in the fourth quarter worth about $41,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

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.