Shares of Consumer Defensive sector company Ambev moved -2.2% today, and are now trading at a price of $2.85. The large-cap stock's daily volume was 22,058,540 compared to its average volume of 30,457,449. The S&P 500 index returned a 1.3% performance.
Over the last year, ABEV's share price has increased by 4.3%, which represents a difference of 20.0% when compared to the S&P 500. The stock's 52 week high is $3.32 per share whereas its 52 week low is $2.42. With an average free cash flow of $14,368,473,750.0 that have been growing at an average rate of 1.3% over the last four years, Ambev is in a position to continue its strong stock performance trend.
Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. The company is based in São Paulo and has 53,000 full time employees. Its market capitalization is $46,406,885,376. Ambev currently offers its equity investors a dividend that yields 20.7% per year.
7 analysts are following Ambev and have set target prices ranging from $2.4 to $5 per share. On average, they have given the company a rating of hold. At today's prices, ABEV is trading -15.03% away from its average analyst target price of $3.36 per share.