Barclays plc ADR (NYSE: BCS) Emerges As Guiding Light For Investors

Barclays plc ADR (NYSE:BCS) currently has a daily average trading volume of 11.98M but it saw 11614434 shares traded in last market. With a market cap of 43.52B USD, the company’s current market price of $11.87 came rising about 0.42 while comparing to the previous closing price of $11.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.11 and as low as $6.23. In the recent trading on the day, stock has struck highest price mark of $11.76 while lowest mark touched by it was $11.89.

Taking a look at 20-day trading activity of Barclays plc ADR (BCS) gives us an average price of $11.48, while its current price level is -2.02% below from 52-week high level whereas it is 90.53% 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 $11.28 while that of 200 days or SMA-200 reads an average of $9.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.19% during that period while stretching the period over a month that increases to 2.00%. 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 59.29 which implies that the stock is in neutral territory.

BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on October 26, 2023 while assigning a price target range of $8.77-$7.31.

Over the week, BCS’s stock price is moving 3.58% up while it is -0.67% when we observe its performance for the past one month. Year-to-date it is 50.63% up and over the past year, the stock is showing an upside performance of 60.62%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.19 beat the consensus estimate of -0.13 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-01, for which analysts forecasted an EPS of 0.43 while estimate for next year EPS is 1.73.

Currently, Barclays plc ADR’s total number of outstanding shares is 3.78B with 0.00% of that held by the insiders while 5.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.99% and return on equity (ROE) at 7.04%. It has a price to earnings ratio (P/E ratio) of 8.85 while having a 5.78 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 1.37. Its return on asset (ROA) is 0.25% on average.