Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Strong Trading Volume – Here’s Why

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw unusually-strong trading volume on Tuesday . Approximately 54,009 shares changed hands during mid-day trading, an increase of 64% from the previous session’s volume of 32,854 shares.The stock last traded at $2.17 and had previously closed at $2.16.

Grupo Aval Acciones y Valores Stock Performance

The company has a debt-to-equity ratio of 0.75, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $2.58 billion, a PE ratio of 12.77 and a beta of 0.98. The business has a 50 day moving average price of $2.07 and a two-hundred day moving average price of $2.08.

Grupo Aval Acciones y Valores Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.0095 per share. The ex-dividend date is Friday, February 28th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 5.25%. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 52.94%.

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.