Royal Bank Of Canada (NYSE: RY) Emerges As Guiding Light For Investors

Royal Bank Of Canada (NYSE:RY) currently has a daily average trading volume of 1.31M but it saw 1626385 shares traded in last market. With a market cap of 169.26B USD, the company’s current market price of $119.83 came falling about -0.30 while comparing to the previous closing price of $120.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $128.05 and as low as $100.32.

Taking a look at 20-day trading activity of Royal Bank Of Canada (RY) gives us an average price of $117.64, while its current price level is -6.42% below from 52-week high level whereas it is 19.45% 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 $115.12 while that of 200 days or SMA-200 reads an average of $119.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.93% during that period while stretching the period over a month that increases to 1.83%. 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 59.17 which implies that the stock is in neutral territory.

Over the week, RY’s stock price is moving -0.16% down while it is 10.59% when we observe its performance for the past one month. Year-to-date it is -0.56% down and over the past year, the stock is showing an upside performance of 17.69%.

Currently, Royal Bank Of Canada’s total number of outstanding shares is 1.41B with 0.01% of that held by the insiders while 48.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.40% and return on equity (ROE) at 14.39%. It has a price to earnings ratio (P/E ratio) of 13.46 while having a 11.83 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 2.00 while price to sale or P/S ratio amounts to 1.72. Its return on asset (ROA) is 0.86% on average.