Stocks Trapped in Bearish Claws: Itau Unibanco Holding S.A. (NYSE:ITUB), LendingClub Corporation (NYSE:LC)

Itau Unibanco Holding S.A. (NYSE:ITUB) also run on active notice, stock price shows upbeat performance surged 1.27% after traded at $11.96 in most recent trading session. Itau Unibanco Holding S.A. recently completed acquisition of 40% equity stake in Itau BMG Consignado SA, for R$1.46 billion ($445 million), thus becoming the holder of 100% of the target company’s total share capital. Itau Unibanco already held 60% of BMG Consignado, when the deal was reported in Sep 2016.

Announcing the deal on Wednesday, the Brazilian banking giant stated in a release that this transaction will not produce any material results for the company in 2016.

ITUB has price to earnings ratio of 11.40 and the price to current year EPS stands at 14.00%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be -0.56%. The earning yield also gives right direction to lure investment, as the co has 0.50% dividend yield. . The debt to equity ratio appeared as 5.21 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.79% for a week and 2.17% for a month. The price volatility’s Average True Range for 14 days was 0.27. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.60 out of 1-5 scale with week’s performance of -1.56%. ITUB’s institutional ownership was registered as 23.90%, while insider ownership was 52.10%.

LendingClub Corporation (NYSE:LC) persists its position slightly strong in context of buying side, while shares price jumped up 2.43% during latest trading session. In addition, the firm has debt to equity ratio of 4.53, sometimes its remain same with long term debt to equity ratio.

Lending Club (LC) plans to issue its earnings release for the fourth quarter ended December 31, 2016 on Tuesday, February 14, 2017, after market hours. Lending Club will host a conference call to discuss the fourth quarter financial results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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