Less Than Four Hours Before The Market Open, Itau Unibanco Is Up By 6%

(VIANEWS) – The NYSE opens in less than four hours and Itau Unibanco‘s pre-market value is already 6.57% up.

Itau Unibanco’s last close was $5.02, 17.3% under its 52-week high of $6.07.

The last session, NYSE finished with Itau Unibanco (ITUB) jumping 0.4% to $5.02. NYSE fell 0.45% to $15,582.94, after two sequential sessions in a row of losses, on what was a somewhat down trend exchanging session.

About Itau Unibanco

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR – Itaú Unibanco Participações S.A.

Earnings Per Share

As for profitability, Itau Unibanco has a trailing twelve months EPS of $0.61.

PE Ratio

Itau Unibanco has a trailing twelve months price to earnings ratio of 8.23. Meaning, the purchaser of the share is investing $8.23 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 58.09%.

Sales Growth

Itau Unibanco’s sales growth is 12% for the present quarter and 7.1% for the next.

Moving Average

Itau Unibanco’s worth is above its 50-day moving average of $4.79 and above its 200-day moving average of $4.90.

More news about Itau Unibanco (ITUB).

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