BCE Inc (NYSE: BCE): Think Like A Lender, Not An Investor

BCE Inc (NYSE:BCE) currently has a daily average trading volume of 3.15M but it saw 2380170 shares traded in last market. With a market cap of 21.35B USD, the company’s current market price of $23.16 came rising about 2.25 while comparing to the previous closing price of $22.65. 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 $22.67 while lowest mark touched by it was $23.2105.

Taking a look at 20-day trading activity of BCE Inc (BCE) gives us an average price of $23.64, while its current price level is -35.97% below from 52-week high level whereas it is 5.90% 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 $23.56 while that of 200 days or SMA-200 reads an average of $29.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.65% during that period while stretching the period over a month that increases to 2.08%. 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 46.04 which implies that the stock is in neutral territory.

Over the week, BCE’s stock price is moving 0.61% up while it is -0.86% when we observe its performance for the past one month. Year-to-date it is -0.09% down and over the past year, the stock is showing a downside performance of -31.52%.

Currently, BCE Inc’s total number of outstanding shares is 921.83M. 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 186.47 while having a 12.21 of forward P/E ratio. Stock’s beta reads 0.63. Stock has a price to book (P/B) ratio of 2.24 while price to sale or P/S ratio amounts to 1.20. Its return on asset (ROA) is 0.46% on average.