While this happened, Itau BBA upgraded its BBB Foods Inc [TBBB] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Itau BBA’s analysts, who began to cover the stock in late January with a ‘”a Market perform”‘ rating. Jefferies began covering TBBB with “Hold” recommendation on September 09, 2024. HSBC Securities revised its rating on August 23, 2024. It rated TBBB as “a Hold” which previously was an “a Reduce”.
Price Performance Review of TBBB
On Tuesday, BBB Foods Inc [NYSE:TBBB] saw its stock jump 0.07% to $30.28. Over the last five days, the stock has gained 7.91%. BBB Foods Inc shares have risen nearly 7.07% since the year began. Nevertheless, the stocks have risen 46.99% over the past one year. While a 52-week high of $35.22 was reached on 01/29/25, a 52-week low of $21.39 was recorded on 03/07/25. SMA at 50 days reached $26.63, while 200 days put it at $29.08.
Levels Of Support And Resistance For TBBB Stock
The 24-hour chart illustrates a support level at 30.04, which if violated will result in even more drops to 29.80. On the upside, there is a resistance level at 30.55. A further resistance level may holdings at 30.81. The Relative Strength Index (RSI) on the 14-day chart is 68.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.69%. Stochastics %K at 96.78% indicates the stock is a selling.
How much short interest is there in BBB Foods Inc?
A steep rise in short interest was recorded in BBB Foods Inc stocks on 2025-04-15, dropping by -0.64 million shares to a total of 0.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.5 million shares. There was a decline of -74.79%, which implies that there is a negative sentiment for the stock.
