The stock of Barclays PLC (NYSE:BCS) decreased by -$0.03 on Monday to finish at $7.48, down -0.40 percent. The last five days have seen an average of 10,546,900 shares of common stock traded. 15 times new highs were reached in the current year, with a fall of -$0.32. The average number of shares traded over the last 20 days was 9,387,235, while the average volume over the last 50 days totaled 8,797,964.
BCS stock dropped -8.33% since last month. On 08/14/23, the company’s shares reached a one-month low of $7.37. The stock touched a high of $9.44 on 02/09/23, after rallying from a low of $5.89 in 52 weeks. The price of BCS stock has declined by -4.10% or -$0.32 this year, reaching a new high 15 times. Still, the stock price is down -20.72% from the 52-week high.
Valuation Metrics
Company paid $0.1398 per share in dividends, an increase of 34.42% from $0.1040 last year. A $0.0358 dividend increase was reported on Thursday July 27 2023.
Financial Health
The company’s long-term debt to equity ratio for the recent quarter is 1.71, and the total debt to equity ratio is 1.71. Based on annual data, it had gross profit of $30.87 billion and revenue of $30.87 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 2.60% return on investment (ROI) in the past year.
Technical Picture
Here’s a quick look at Barclays PLC’s (BCS) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 34.32%, suggesting the stock is Neutral, with a 26.23% historical volatility rate.
The stochastic %K and %D were 6.28% and 7.64% respectively, while the average true range (ATR) was 0.19. Based on the 14-day stochastic reading of 8.73%, the RSI (14) reading is 39.14%. On the 9-day MACD Oscillator, the stock is at -0.09, and the 14-day reading is at -0.25.
Analyst Ratings
Barclays PLC (NYSE: BCS) was downgraded by Exane BNP Paribas to a a Neutral rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Barclays PLC (BCS) an Overweight rating. BCS is a stock that is recommended for selling by 0 brokerage firms, while 8 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 9 others recommend it as a buy.
What is BCS’s price target for the next 12 months?
The current consensus forecast for the stock is between $8.74 and $16.45, with a median target price of $11.06. In analyzing these forecasts, the average price target given by analysts for Barclays PLC (BCS) is $11.67.
