BCE Inc (NYSE: BCE) Now -42.00% Off Its High ($36.17), Does Analysts See Headwinds And Risks?

BCE Inc (NYSE:BCE) currently has a daily average trading volume of 3.26M but it saw 5052153 shares traded in last market. With a market cap of 19.34B USD, the company’s current market price of $20.98 came falling about -0.10 while comparing to the previous closing price of $21.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.17 and as low as $20.28. In the recent trading on the day, stock has struck highest price mark of $20.57 while lowest mark touched by it was $21.06.

Taking a look at 20-day trading activity of BCE Inc (BCE) gives us an average price of $22.59, while its current price level is -42.00% below from 52-week high level whereas it is 3.45% 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 $23.31 while that of 200 days or SMA-200 reads an average of $28.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.92% during that period while stretching the period over a month that decreases to 2.83%. 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 32.45 which implies that the stock is in neutral territory.

Over the week, BCE’s stock price is moving -7.41% down while it is -13.84% when we observe its performance for the past one month. Year-to-date it is -9.49% down and over the past year, the stock is showing a downside performance of -36.75%.

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 168.92 while having a 11.21 of forward P/E ratio. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 2.03 while price to sale or P/S ratio amounts to 1.09. Its return on asset (ROA) is 0.46% on average.