How to Buy Foreign Trade Bank Of Latin America Stock
Foreign Trade Bank Of Latin America Inc
Foreign Trade Bank Of Latin America is a bank company located in Panama, which is part of the Financial Services sector, and is traded under the ticker BLX on the NYSE exchange.
Foreign Trade Bank Of Latin America stock last closed at $17.38, up 1.05% from the previous day, and has increased 11.55% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.31 percentage points. Foreign Trade Bank Of Latin America stock is currently +38.16% from its 52-week low of $12.58, and -9.34% from its 52-week high of $19.17.
At the moment, there are 36.23M shares of BLX outstanding. The market value of BLX is $629.70M. In the past 24 hours, 101,307 BLX shares were traded.
How to Buy Foreign Trade Bank Of Latin America Stock
Wondering how to invest in Foreign Trade Bank Of Latin America stock? Here's how.
- Decide where to buy Foreign Trade Bank Of Latin America stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Foreign Trade Bank Of Latin America stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Foreign Trade Bank Of Latin America stock: The Foreign Trade Bank Of Latin America ticker symbol is BLX. Is Foreign Trade Bank Of Latin America stock a good investment? Should you buy shares of BLX? How do BLX's underlying business fundamentals look? Do top analysts think Foreign Trade Bank Of Latin America is a good buy? Why has BLX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if BLX is a good stock to buy).
- Execute your BLX purchase: Decide if you will purchase BLX shares at the current market price or use a limit order to buy BLX stock at a given price.
- Track your investment in BLX: Create a watchlist to important notifications about your position in Foreign Trade Bank Of Latin America stock.
Step 1: Decide where to buy Foreign Trade Bank Of Latin America stock
You will need a brokerage account to access the NYSE market and buy BLX shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy BLX stock today.
How to Open a New Account on eToro
- Click here to get started.
- Enter your personal data to create a new brokerage account.
- Send your details by pressing the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the best stock trading apps, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your new investment account.
Step 4: Evaluate Foreign Trade Bank Of Latin America stock
Once you have identified the best place to buy Foreign Trade Bank Of Latin America stock, it's crucial to research their stock before you buy, so you truly comprehend the risk as well as the upside.
Foreign Trade Bank Of Latin America stock data
BLX Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on BLX's stock page.
Is BLX stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge BLX's fair value.
Using relative valuations metrics:
- BLX may be undervalued based on its P/E ratio of 10.73x, relative to Banks - Regional industry P/E ratio of 22.29x
- BLX could be undervalued based on its P/B ratio of 0.63x, relative to Banks - Regional industry P/B ratio of 0.99x
You can access more valuation analysis on BLX's stock here.
BLX Financial Health Summary
Failed Health Checks:
- BLX has a relatively high debt to equity ratio of 7.11.
- Total BLX debt is higher than 5 years ago, relative to shareholder equity.
- BLX profit margin has gone down from 64.1% to 60.2% in the past year.
BLX Momentum
BLX Earnings
Last year, BLX earnings were $62.70M. In the last 5 year, BLX's earnings have increased by -6.19% per year. This was slower than the Banks - Regional industry average of 20%.
Last year, BLX revenue was $104.21M. In the last 5 year, BLX's revenue has increased by -9.11% per year. This was slower than the Banks - Regional industry average of 5.39%.
Learn more about BLX's earnings and revenue performance here.
Are BLX insiders buying or selling the stock?
Over the past 12 months, insiders at BLX have not bought or sold any shares.
Research more about who owns BLX shares here.
Does BLX provide a stable income stream?
Foreign Trade Bank Of Latin America pays a dividend of 7.19%, compared to the Banks - Regional industry's average dividend yield of 3.7%. If you owned $1,000 of BLX stock, you would have been paid $71.92 in the past year.
Foreign Trade Bank Of Latin America dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Foreign Trade Bank Of Latin America dividend yield and history here.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your BLX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and eToro will place the order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in BLX
Now that you own some BLX stock, you'll want to keep up with your investment.
Create a watchlist to track your BLX stock.
BLX Feed
How to Buy Stock in Foreign Trade Bank Of Latin America
To summarize, here are the 6 steps to buy stock in Foreign Trade Bank Of Latin America:
- Decide where to buy Foreign Trade Bank Of Latin America stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Foreign Trade Bank Of Latin America stock
- Execute your BLX purchase
- Track your investment in BLX
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Foreign Trade Bank Of Latin America, create a watchlist on WallStreetZen today.
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