BCE Inc (NYSE: BCE): Retirees Don’t Worry About Volatility

BCE Inc (NYSE:BCE) currently has a daily average trading volume of 1.99M but it saw 2221026 shares traded in last market. With a market cap of 30.95B USD, the company’s current market price of $33.93 came rising about 0.59 while comparing to the previous closing price of $33.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.07 and as low as $31.12.

Taking a look at 20-day trading activity of BCE Inc (BCE) gives us an average price of $32.85, while its current price level is -21.22% below from 52-week high level whereas it is 9.01% 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 $33.14 while that of 200 days or SMA-200 reads an average of $36.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.32% during that period while stretching the period over a month that decreases to 1.29%. 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 65.39 which implies that the stock is in neutral territory.

Over the week, BCE’s stock price is moving 2.29% up while it is 8.30% when we observe its performance for the past one month. Year-to-date it is -13.84% down and over the past year, the stock is showing a downside performance of -20.65%.

Currently, BCE Inc’s total number of outstanding shares is 912.27M. Company’s return on investment (ROI) stands at 3.43% and return on equity (ROE) at 9.28%. It has a price to earnings ratio (P/E ratio) of 23.80 while having a 15.37 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 2.55 while price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is 2.73% on average.