Itau Corpbanca (NYSE:ITCB) Stock Passes Above 200 Day Moving Average of $5.01

Itau Corpbanca (NYSE:ITCB) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.01 and traded as high as $5.29. Itau Corpbanca shares last traded at $5.15, with a volume of 22,329 shares traded.

The company’s 50 day moving average price is $4.30 and its 200-day moving average price is $5.01. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 9.54 and a beta of 1.03. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.73 and a current ratio of 1.73.

Itau Corpbanca (NYSE:ITCB) last announced its quarterly earnings data on Thursday, April 30th. The bank reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $330.69 million for the quarter. Itau Corpbanca had a net margin of 6.20% and a return on equity of 4.22%.

An institutional investor recently raised its position in Itau Corpbanca stock. Renaissance Technologies LLC lifted its holdings in Itau Corpbanca (NYSE:ITCB) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 325,166 shares of the bank’s stock after purchasing an additional 1,966 shares during the period. Renaissance Technologies LLC owned about 0.10% of Itau Corpbanca worth $2,800,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.28% of the company’s stock.

Itau Corpbanca Company Profile (NYSE:ITCB)

Itaú CorpBanca provides wholesale and retail banking services. The company offers checking and savings accounts, as well as accepts demand and time deposits; and provides commercial loans, mortgage loans, and consumer loans. It also offers financial advisory, mutual fund management, insurance brokerage, and securities brokerage services; trust portfolio management services, including investment trust management, administration, security, real estate trusts, and fund administration; court and out-of-court collections services for loans; and Internet and mobile banking services.

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