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 changing hands. The stock had previously closed at $28.39.

Separately, Zacks Investment Research downgraded Banco Latinoamericano de Comercio Exterior SA from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd.

The stock has a market capitalization of $1.13 billion and a P/E ratio of 11.57. The company’s 50 day moving average price is $26.87 and its 200-day moving average price is $24.51.

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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