Bank Of New York Mellon Corp (NYSE:BK) currently has a daily average trading volume of 3.81M but it saw 3031600 shares traded in last market. With a market cap of 56.68B USD, the company’s current market price of $77.95 came falling about -0.01 while comparing to the previous closing price of $77.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $82.72 and as low as $52.09. In the recent trading on the day, stock has struck highest price mark of $76.78 while lowest mark touched by it was $78.01.
Taking a look at 20-day trading activity of Bank Of New York Mellon Corp (BK) gives us an average price of $77.99, while its current price level is -5.77% below from 52-week high level whereas it is 49.64% 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 $78.35 while that of 200 days or SMA-200 reads an average of $67.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.56% during that period while stretching the period over a month that increases to 1.69%. 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 49.21 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on December 09, 2024 while assigning a price target range of $82-$94. Deutsche Bank issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $66 and $80.
Over the week, BK’s stock price is moving 1.46% up while it is -3.18% when we observe its performance for the past one month. Year-to-date it is 1.46% up and over the past year, the stock is showing an upside performance of 47.91%.
Currently, Bank Of New York Mellon Corp’s total number of outstanding shares is 727.08M. Company’s return on investment (ROI) stands at 4.60% and return on equity (ROE) at 8.86%. It has a price to earnings ratio (P/E ratio) of 16.95 while having a 11.78 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.51 while price to sale or P/S ratio amounts to 1.46. Its return on asset (ROA) is 0.88% on average.
