Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $28.94 and last traded at $28.92, with a volume of 150,677 shares. The stock had previously closed at $28.39.

Separately, Zacks Investment Research lowered shares of Banco Latinoamericano de Comercio Exterior SA from a “buy” rating to a “hold” rating in a research note on Tuesday, May 3rd.

The stock has a market cap of $1.14 billion and a price-to-earnings ratio of 11.67. The stock has a 50-day moving average price of $26.98 and a 200 day moving average price of $24.57.

Banco Latinoamericano de Comercio Exterior, SA (Bladex Head Office) is a specialized supranational bank. The Company operates in two segments: Commercial and Treasury. The Commercial segment portfolio includes book value of loans, selected deposits placed, acceptances and contingencies. The Treasury segment incorporates deposits in banks and all of the Bank’s trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds.

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