As of Friday close, Barclays PLC’s (NYSE:BCS) stock was up $0.06, moving up 0.78 percent to $7.71. The average number of shares traded per day over the past five days has been 8,780,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.29 fall in that time frame. In the last twenty days, the average volume was 9,373,575, while in the previous 50 days, it was 8,507,148.
Since last month, BCS stock rose 2.25%. Shares of the company fell to $7.45 on 08/02/23, the lowest level in the past month. A 52-week high of $9.44 was reached on 02/09/23 after having rallying from a 52-week low of $5.89. Since the beginning of this year, BCS’s stock price has dropped by -1.15% or -$0.09, and marked a new high 15 times. However, the stock has declined by -18.28% since its 52-week high.
Valuation Metrics
Right now, Barclays PLC (BCS) has a P/E ratio of about 4.35. The stock’s beta is 1.39. Besides these, the trailing price-to-sales (P/S) ratio of 1.25, the price-to-book (PB) ratio of 0.35.
The latest dividend of $0.1398 per share was paid out, which is 34.42% more than last year’s $0.1040. On Thursday July 27 2023, a $0.0358 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 1.71, and the total debt-to-equity ratio was 1.71. Based on annual data, BCS earned $30.87 billion in gross profit and brought in $30.87 billion in revenue.
Technical Picture
This quick technical analysis looks at Barclays PLC’s (BCS) price momentum. With a historical volatility rate of 55.21%, the RSI 9-day stood at 40.53% on 04 August.
With respect to its five-day moving average, the current Barclays PLC price is down by -3.62% percent or -$0.29. At present, BCS shares trade +0.52% above its 20-day simple moving average and +6.49% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.10% below its SMA50 and +15.77% above its SMA200.
Stochastic coefficient K was 14.12% and Stochastic coefficient D was 11.05%, while ATR was 0.22. Given the Stochastic reading of 22.03% for the 14-day period, the RSI (14) reading has been calculated as 43.69%. As of today, the MACD Oscillator reading stands at -0.33, while the 14-day reading stands at -0.52.
Analyst Ratings
RBC Capital Mkts upgraded its rating on Barclays PLC (NYSE: BCS) to an Outperform in a note to investors on May 12, 2023. The analysts firm previously had a Sector perform rating on the stock.Barclays PLC (BCS) has been rated Overweight by analysts. According to 0 brokerage firms, BCS is a sell, and 7 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Barclays PLC stock as buy, with 12 recommending it as overweight.
With a median target price of $11.52, the current consensus forecast for the stock is $8.74 – $16.45. Based on these forecasts, analysts predict Barclays PLC (BCS) will achieve an average price target of $11.85.
