With 3.78B Outstanding Shares, Can Barclays plc ADR (NYSE: BCS) Deliver Big Short-Term Gains?

Barclays plc ADR (NYSE:BCS) currently has a daily average trading volume of 12.17M but it saw 24129511 shares traded in last market. With a market cap of 42.94B USD, the company’s current market price of $11.74 came rising about 0.09 while comparing to the previous closing price of $11.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.49 and as low as $6.23. In the recent trading on the day, stock has struck highest price mark of $11.72 while lowest mark touched by it was $11.9.

Taking a look at 20-day trading activity of Barclays plc ADR (BCS) gives us an average price of $11.75, while its current price level is -6.00% below from 52-week high level whereas it is 88.44% 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 $11.53 while that of 200 days or SMA-200 reads an average of $9.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.49% during that period while stretching the period over a month that increases to 1.60%. 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 49.89 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 -5.70% down while it is 10.86% when we observe its performance for the past one month. Year-to-date it is 48.98% up and over the past year, the stock is showing an upside performance of 55.50%.

Currently, Barclays plc ADR’s total number of outstanding shares is 3.78B. 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 8.75 while having a 5.72 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is 0.25% on average.