Bank of Montreal (NYSE: BMO) Drops -1.89% Over A Month, But Analysts Still See Upside Potential

Bank of Montreal (NYSE:BMO) currently has a daily average trading volume of 786.38K but it saw 1232341 shares traded in last market. With a market cap of 63.57B USD, the company’s current market price of $87.63 came rising about 0.75 while comparing to the previous closing price of $86.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $100.12 and as low as $73.98.

Taking a look at 20-day trading activity of Bank of Montreal (BMO) gives us an average price of $93.18, while its current price level is -12.48% below from 52-week high level whereas it is 18.45% 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 $93.85 while that of 200 days or SMA-200 reads an average of $89.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.46% during that period while stretching the period over a month that decreases to 1.51%. 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 33.25 which implies that the stock is in neutral territory.

Over the week, BMO’s stock price is moving -7.25% down while it is -1.89% when we observe its performance for the past one month. Year-to-date it is -11.43% down and over the past year, the stock is showing an upside performance of 4.47%.

Currently, Bank of Montreal’s total number of outstanding shares is 725.44M. Company’s return on investment (ROI) stands at 5.22% and return on equity (ROE) at 8.07%. It has a price to earnings ratio (P/E ratio) of 14.59 while having a 10.24 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.23 while price to sale or P/S ratio amounts to 1.14. Its return on asset (ROA) is 0.48% on average.