As of Thursday close, Barclays PLC’s (NYSE:BCS) stock was up $0.02, moving up 0.27 percent to $7.41. The average number of shares traded per day over the past five days has been 10,364,920 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.09 fall in that time frame. In the last twenty days, the average volume was 9,789,895, while in the previous 50 days, it was 8,934,970.
Since last month, BCS stock retreated -13.33%. Shares of the company fell to $7.30 on 08/15/23, 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 -5.00% or -$0.39, and marked a new high 15 times. However, the stock has declined by -21.46% since its 52-week high.
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Valuation Metrics
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 16.59%, the RSI 9-day stood at 35.49% on 17 August.
With respect to its five-day moving average, the current Barclays PLC price is down by -1.20% percent or -$0.09. At present, BCS shares trade -13.03% below its 20-day simple moving average and +12.27% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.32% below its SMA50 and +7.08% above its SMA200.
Stochastic coefficient K was 9.35% and Stochastic coefficient D was 7.50%, while ATR was 0.17. Given the Stochastic reading of 14.19% for the 14-day period, the RSI (14) reading has been calculated as 39.00%. As of today, the MACD Oscillator reading stands at -0.13, while the 14-day reading stands at -0.21.
Analyst Ratings
Barclays PLC downgraded its rating on Barclays PLC (NYSE: BCS) to a Neutral in a note to investors on August 08, 2023. The analysts firm previously had an Outperform rating on the stock.Barclays PLC (BCS) has been rated Overweight by analysts. According to 0 brokerage firms, BCS is a sell, and 8 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Barclays PLC stock as buy, with 9 recommending it as overweight.
With a median target price of $11.06, 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 $11.63.
