With 912.28M Outstanding Shares, Can BCE Inc (NYSE: BCE) Deliver Big Short-Term Gains?

BCE Inc (NYSE:BCE) currently has a daily average trading volume of 2.92M but it saw 3007258 shares traded in last market. With a market cap of 24.60B USD, the company’s current market price of $26.97 came rising about 0.48 while comparing to the previous closing price of $26.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.77 and as low as $26.45. In the recent trading on the day, stock has struck highest price mark of $26.83 while lowest mark touched by it was $27.18.

Taking a look at 20-day trading activity of BCE Inc (BCE) gives us an average price of $27.18, while its current price level is -35.43% below from 52-week high level whereas it is 1.97% 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 $30.65 while that of 200 days or SMA-200 reads an average of $33.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.54% during that period while stretching the period over a month that increases to 2.01%. 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 32.02 which implies that the stock is in neutral territory.

Over the week, BCE’s stock price is moving -0.19% down while it is -6.48% when we observe its performance for the past one month. Year-to-date it is -31.51% down and over the past year, the stock is showing a downside performance of -33.36%.

Currently, BCE Inc’s total number of outstanding shares is 912.28M. Company’s return on investment (ROI) stands at 0.17% and return on equity (ROE) at 1.40%. It has a price to earnings ratio (P/E ratio) of 383.64 while having a 13.13 of forward P/E ratio. Stock’s beta reads 0.58. Stock has a price to book (P/B) ratio of 2.35 while price to sale or P/S ratio amounts to 1.37. Its return on asset (ROA) is 0.38% on average.