NEW YORK (

TheStreet

) --

Banco Latinoamericano de Exportaciones

(NYSE:

BLX

) hit a new 52-week high Tuesday as it is currently trading at $18.95, above its previous 52-week high of $18.94 with 36,011 shares traded as of 1:13 p.m. ET. Average volume has been 124,400 shares over the past 30 days.

Banco Latinoamericano de Exportaciones has a market cap of $520.6 million and is part of the

financial

sector and

banking

industry. Shares are up 17.7% year to date as of the close of trading on Monday.

Banco Latinoamericano de Comercio Exterior, S.A., together with its subsidiaries, provides trade financing to commercial banks, middle-market companies, and corporations primarily in Latin America. The company operates through three divisions: Commercial, Treasury, and Asset Management. The company has a P/E ratio of 9.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Banco Latinoamericano de Exportaciones as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full

Banco Latinoamericano de Exportaciones Ratings Report

.

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