The stock of Barclays PLC (NYSE:BCS) increased by $0.13 on Monday to finish at $7.47, up 1.77 percent. The last five days have seen an average of 8,218,740 shares of common stock traded. 15 times new highs were reached in the current year, with a fall of -$0.33. The average number of shares traded over the last 20 days was 9,421,765, while the average volume over the last 50 days totaled 8,857,078.
BCS stock dropped -6.63% since last month. On 08/25/23, the company’s shares reached a one-month low of $7.25. 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 -4.23% or -$0.33 this year, reaching a new high 15 times. Still, the stock price is down -20.83% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
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 28 August, the RSI 9-day stood at 48.72%, suggesting the stock is Neutral, with a 14.72% historical volatility rate.
The stochastic %K and %D were 26.78% and 17.48% respectively, while the average true range (ATR) was 0.15. Based on the 14-day stochastic reading of 47.83%, the RSI (14) reading is 45.30%. On the 9-day MACD Oscillator, the stock is at 0.01, and the 14-day reading is at -0.03.
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 $11.63.
