Ambev S.A.s in-depth stock price analysis indicates that the stock price has rallied 7.91% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -6.83% . Looking at the past 52 week period, the stock price is up at 21.6% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Ambev S.A. has a negative value of -5.21 compared to overall market performance. Ambev S.A. (NYSE:ABEV) has tumbled 0.55% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.82% in the last four weeks. The stocks have underperformed the S&P 500 by 1.35% during the past week but Ambev S.A. (NYSE:ABEV) it has outperformed the index in 4 weeks by 0.98%.
Ambev S.A. (NYSE:ABEV) : On Friday heightened volatility was witnessed in Ambev S.A. (NYSE:ABEV) which led to swings in the share price. The stock opened for trading at $5.39 and hit $5.5 on the upside , eventually ending the session at $5.46, with a gain of 2.25% or 0.12 points. The heightened volatility saw the trading volume jump to 9,000,415 shares. The 52-week high of the share price is $6.34 and the company has a market cap of $85,818 million. The 52-week low of the share price is at $4.33 .
Companhia de Bebidas das Americas (AmBev), based in S?o Paulo, is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. It maintains an agreement with PepsiCo International, Inc. to bottle, sell and distribute Pepsi products in Brazil and in other Latin American countries, including Lipton Ice Tea, Gatorade, H2OH!, Propel and Frutzzz. AmBev conducts its operations through three business units: Latin America North, Latin America South and Canada. Latin America North includes its operations in Brazil, where it operates two divisions: beer sales and carbonated soft drinks and non-alcoholic non-carbonated sales; and its operations in its Hispanic Latin America Operations, excluding Latin America South, operations. Latin America South includes its Quinsa operations in the countries of Argentina, Bolivia, Paraguay, Uruguay and Chile. Canada, represented by Labatt, includes domestic sales in Canada.