Bunge Limited (NYSE:BG) Relative Strength Index (RSI) is 54.23, with weekly volatility at 2.30% and ATR at 2.34. The BG stock’s 52-week price range has touched low of $34.57 and a $92.38 high. Intraday shares traded counted 0.97 million, which was 21.78% higher than its 30-day average trading volume of 1.24M. Its shares traded lower over the last trading session, losing -1.98% on 05/18/21. The shares fell to a low of $87.76 before closing at $87.77. BG’s previous close was $89.54 while the outstanding shares total 140.34M. The firm has a beta of 0.68, a 12-month trailing P/E ratio of 6.12.
Investors have identified the Farm Products company Bunge Limited as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $12.23 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Bunge Limited (BG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For BG, the company has in raw cash 226.0 million on their books with 2.71 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 17.29 billion total, with 11.34 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 6.39 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BG sounds very interesting.
Is the stock of BG attractive?
In related news, Pres., Global Supply Chains, Dimopoulos Christos sold 2,000 shares of the company’s stock in a transaction that recorded on Mar 12. The sale was performed at an average price of 81.48, for a total value of 162,962. As the sale deal closes, the Director, FRIBOURG PAUL J now sold 103,676 shares of the company’s stock, valued at 8,386,833. Also, Director, CONTINENTAL GRAIN CO sold 103,676 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 80.89 per share, with a total market value of 8,386,833. Following this completion of acquisition, the Director, CONTINENTAL GRAIN CO now holds 120,000 shares of the company’s stock, valued at 9,753,600. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.00%.
6 out of 11 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Bunge Limited. 0 analysts has assigned a Sell rating on the BG stock. The 12-month mean consensus price target for the company’s shares has been set at $85.38.