Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) rose 0.9% during mid-day trading on Tuesday . The company traded as high as $28.32 and last traded at $28.28, with a volume of 56,664 shares. The stock had previously closed at $28.04.

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

The firm has a market capitalization of $1.12 billion and a price-to-earnings ratio of 11.53. The stock has a 50 day moving average price of $26.87 and a 200 day moving average price of $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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