Company Shares of Banco Bilbao Viscaya Argentaria S.A. Rally 2.51%

Stocks of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) rallied by 2.51% during the past week but lost 2.85% on a 4-week basis. The company has outperformed the S&P 500 by 3.74% in the past week but underperformed the index by 3.74% in the last 4 weeks.

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.05 and $6.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.13, notching a gain of 3.20% for the day. The total traded volume was 4,213,671 . The stock had closed at $5.94 on the previous day.

The company shares have dropped -40.20% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $10.75 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $6.38 and the 200 Day Moving Average price is recorded at $6.75.

Many analysts have stated their opinion on the company shares. UBS initiates coverage on Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA).The analysts at the brokerage house have a current rating of Sell on the shares. The rating by the firm was issued on March 7, 2016. Institutional Investors own 1.71% of Banco Bilbao Viscaya Argentaria S.A. shares.

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group engaged in retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spains companies. BBVA operates through six segments: Banking Activity in Spain, which includes its banking and non-banking businesses in Spain; Real Estate Activity in Spain, which manages the real estate assets accumulated by the Company as a result of the economic crisis in Spain; Eurasia, which covers the Companys retail and wholesale banking businesses in the rest of Europe and Asia; Mexico, which comprises the banking and insurance businesses conducted in Mexico by the BBVA Bancomer financial group; South America, which manages the Companys banking and insurance businesses in the region, and the United States, which comprises its business in the United States.

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