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 $30.74, up 1.79% from the previous day, and has increased 33.25% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.03 percentage points. Foreign Trade Bank Of Latin America stock is currently +53.58% from its 52-week low of $20.02, and -10.77% from its 52-week high of $34.45.
At the moment, there are 36.54M BLX shares outstanding. The market value of BLX is $1.12B. In the last 24 hours, 84,640 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 a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Foreign Trade Bank Of Latin America stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose 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 research website can help you evaluate 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 purchase BLX shares at a particular price.
- Track your investment in BLX: Create a watchlist to important updates regarding your new investment in Foreign Trade Bank Of Latin America shares.
Step 1: Decide where to buy Foreign Trade Bank Of Latin America stock
You need a brokerage account in order to access the NYSE market and buy BLX shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in BLX today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on the best stock market app, you can securely and quickly fund your account:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Evaluate Foreign Trade Bank Of Latin America stock
Once you have chosen the best place to buy Foreign Trade Bank Of Latin America stock, it's important to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.
Foreign Trade Bank Of Latin America Metrics
Foreign Trade Bank Of Latin America Zen Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on BLX's stock page.
Is BLX stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge BLX's fair value.
Using relative valuations measures:
- BLX could be undervalued based on its P/E ratio of 6.76x, relative to Banks - Regional industry P/E ratio of 12.53x
- BLX could be undervalued based on its P/B ratio of 0.93x, relative to Banks - Regional industry P/B ratio of 1.12x
- BLX may be overvalued based on its PEG ratio of 1.04x
You can access additional valuation research on BLX's stock here.
How do BLX Financials look?
Passed Health Checks:
- BLX earnings of $166.16M is not sufficient to cover its interest payments.
- BLX profit margin has gone up from 55.2% to 62.4% in the past year.
Failed Health Checks:
- BLX has a relatively high debt to equity ratio of 7.93.
- Total BLX debt is higher than 5 years ago, relative to shareholder equity.
- BLX's operating cash flow of $831.69M allows it to safely service it's debt of $4.94B.
You can dig deeper into what analysts are saying on the Foreign Trade Bank Of Latin America stock forecast page.
BLX Technicals
BLX Performance Metrics
Last year, BLX earnings were $166.16M. In the last 5 year, BLX's earnings have gone up by 74.65% per year. This was slower than the Banks - Regional industry average of 108.97%.
Last year, BLX revenue was $266.12M. During the past five year, BLX's revenue has grown by 15.84% per year. This was slower than the Banks - Regional industry average of 18.29%.
Dive into BLX's earnings and revenue performance here.
What are BLX executives and large shareholders up to?
Over the past year, insiders at BLX have not bought or sold any shares.
Get more info about who owns BLX shares here.
Does BLX stock generate passive income?
Foreign Trade Bank Of Latin America pays a dividend of 5.69%, compared to the Banks - Regional industry's average dividend yield of 3.29%. If you owned $1,000 of BLX stock, you would have received $56.93 in the past 12 months.
Foreign Trade Bank Of Latin America dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Foreign Trade Bank Of Latin America dividend yield and history here.
BLX Social Trading Data
One of the reasons eToro is our top-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
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional info about buying stocks on eToro, click 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 new company.
Start a watchlist to get alerted to the latest events about your BLX stock.
BLX Feed
How to Buy Stock in Foreign Trade Bank Of Latin America
To reiterate, here are the 6 steps to buy Foreign Trade Bank Of Latin America stock:
- 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 brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Foreign Trade Bank Of Latin America, create a watchlist today.
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