BCE Inc (NYSE: BCE) Now $21.87 Higher From Its Low (1.15), Does It Still Have A Growth Story?

BCE Inc (NYSE:BCE) currently has a daily average trading volume of 3.25M but it saw 2656161 shares traded in last market. With a market cap of 21.22B USD, the company’s current market price of $23.02 came falling about -1.50 while comparing to the previous closing price of $23.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.17 and as low as $21.87. In the recent trading on the day, stock has struck highest price mark of $22.84 while lowest mark touched by it was $23.275.

Taking a look at 20-day trading activity of BCE Inc (BCE) gives us an average price of $23.89, while its current price level is -36.36% below from 52-week high level whereas it is 5.26% 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 $23.62 while that of 200 days or SMA-200 reads an average of $29.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.87% during that period while stretching the period over a month that increases to 2.18%. 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 41.05 which implies that the stock is in neutral territory.

Over the week, BCE’s stock price is moving -5.50% down while it is -1.71% when we observe its performance for the past one month. Year-to-date it is -0.69% down and over the past year, the stock is showing a downside performance of -32.69%.

The company is expected to be releasing its next quarterly report on 2025-Feb-05, for which analysts forecasted an EPS of 0.64 while estimate for next year EPS is 2.75. In next quarter, company is expected to be making quarterly sales of $5.93B as analysts are expecting the sales for current fiscal year at $24.33B and seeing the company making $25B in sales next year. Moreover, analysts are in estimates of $5.94B for current-quarter revenue.

Currently, BCE Inc’s total number of outstanding shares is 921.83M with 0.02% of that held by the insiders while 42.56% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.33% and return on equity (ROE) at 1.80%. It has a price to earnings ratio (P/E ratio) of 185.35 while having a 12.17 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is 0.46% on average.