Large Outflow of Money Witnessed in Ambev S.A.

Ambev S.A. (NYSE:ABEV) surged 0.18% during the last session. The last traded price was up 0.01 points at $5.42. The data for the fund flow suggests that the net intraday money flow was $(-1.29) million. The fund value in upticks was recorded to be $2.56 million and in downticks, it was found to be $3.85 million. The up/down ratio for the day was measured to be 0.67. For the week, the shares have seen a percentage change of -1.81%.A block trade of $(-1.33) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.58 million and that of downticks was $1.92 million. The block tradeoff had the up/down ratio of 0.3.


Institutional Investors own 7.16% of Ambev S.A. shares.

Ambev S.A. (NYSE:ABEV) witnessed a volatile trading activity on Monday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.38 and reached the intraday high at $5.44. The bulls started the profit booking and pushed the shares to intraday low of $5.37. The trading session was marked by a volume range of 8,028,646 shares exchanging hands. The 52-week high of the shares is $6.3 and the 52-week low is $3.86. The market cap of the company stands at $85,032 million and there are 15,717,615,000 shares in public circulation.

Many analysts have stated their opinion on the company shares. JP Morgan downgrades its rating on Ambev S.A. (NYSE:ABEV). The global brokerage major lowers the current price target from $5.1 per share to $5 per share. Analysts at the JP Morgan have a current rating of Neutral on the shares. The shares were previously rated Overweight. The rating by the firm was issued on May 5, 2016.

Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector. Ambev produces, distributes and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products across the Americas. The Company conducts its operations through three business units: Latin America North includes its operations in Brazil, where Ambev operates two divisions: beer sales (Beer Brazil) and carbonated soft drinks and non-alcoholic non-carbonated sales (CSD & NANC Brazil), and its Hispanic Latin America Operations, Excluding Latin America South (HILA-Ex), which includes its operations in the Dominican Republic, Venezuela, Ecuador, Guatemala (which also serves El Salvador and Nicaragua) and Peru; Latin America South includes its operations in Argentina, Bolivia, Paraguay, Uruguay and Chile, and Canada, among others.

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