Bunge Global SA (BG) concluded trading on Wednesday at a closing price of $85.86, with 3.39 million shares of worth about $291.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.95% during that period and on October 30, 2024 the price saw a loss of about -2.25%. Currently the company’s common shares owned by public are about 145.32M shares, out of which, 140.28M shares are available for trading.
Stock saw a price change of -3.52% in past 5 days and over the past one month there was a price change of -12.10%. Year-to-date (YTD), BG shares are showing a performance of -14.95% which decreased to -19.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $86.10 but also hit the highest price of $114.92 during that period. The average intraday trading volume for Bunge Global SA shares is 1.43 million. The stock is currently trading -7.84% below its 20-day simple moving average (SMA20), while that difference is down -10.68% for SMA50 and it goes to -13.92% lower than SMA200.
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Bunge Global SA (NYSE: BG) currently have 145.32M outstanding shares and institutions hold larger chunk of about 88.37% of that.
The stock has a current market capitalization of $12.16B and its 3Y-monthly beta is at 0.64. PE ratio of stock for trailing 12 months is 9.73, while it has posted earnings per share of $8.82 in the same period. It has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.59. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BG, volatility over the week remained 2.64% while standing at 2.00% over the month.
Stock’s fiscal year EPS is expected to drop by -31.03% while it is estimated to decrease by -0.28% in next year. EPS is likely to shrink at an annualized rate of -8.59% for next 5-years, compared to annual growth of 55.34% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on August 01, 2024 offering a Neutral rating for the stock and assigned a target price range of between $125 and $114 to it. Coverage by HSBC Securities stated Bunge Global SA (BG) stock as a Buy in their note to investors on February 09, 2024, suggesting a price target of $105 for the stock. Stock get a Hold rating from HSBC Securities on September 15, 2023.
