Investors Are Waking Up To Barclays plc ADR (NYSE: BCS) After Rising 31.75% Over The Past 12 Months

Barclays plc ADR (NYSE:BCS) currently has a daily average trading volume of 17.02M but it saw 25786674 shares traded in last market. With a market cap of 36.60B USD, the company’s current market price of $9.71 came rising about 0.62 while comparing to the previous closing price of $9.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.70 and as low as $6.23.

Taking a look at 20-day trading activity of Barclays plc ADR (BCS) gives us an average price of $9.25, while its current price level is 0.10% below from 52-week high level whereas it is 55.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.45 while that of 200 days or SMA-200 reads an average of $7.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.07% during that period while stretching the period over a month that decreases to 1.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.13 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on October 26, 2023, recommending a price target of between $8.77 and $7.31 for it.

Over the week, BCS’s stock price is moving 3.08% up while it is 11.35% when we observe its performance for the past one month. Year-to-date it is 23.22% up and over the past year, the stock is showing an upside performance of 31.75%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.21 beat the consensus estimate of -$0.13 for the same. For BCS, analysts are forecasting an EPS-growth rate of -8.70% for current year and estimate for EPS growth in next year is 18.40%.

Currently, Barclays plc ADR’s total number of outstanding shares is 3.79B with 0.00% of that held by the insiders while 4.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.47% and return on equity (ROE) at 7.57%. It has a 5.15 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 1.16. Its return on asset (ROA) is 0.29% on average.