As of Wednesday close, Barclays PLC’s (NYSE:BCS) stock was down -$0.12, moving down -1.51 percent to $7.82. The average number of shares traded per day over the past five days has been 9,063,400 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.03 fall in that time frame. In the last twenty days, the average volume was 8,306,520, while in the previous 50 days, it was 9,003,842.
Since last month, BCS stock rose 5.82%. Shares of the company fell to $7.25 on 08/25/23, 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 risen by 0.26% or $0.02, and marked a new high 15 times. However, the stock has declined by -17.12% since its 52-week high.
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 21.04%, the RSI 9-day stood at 56.79% on 20 September.
With respect to its five-day moving average, the current Barclays PLC price is down by -0.38% percent or -$0.03. At present, BCS shares trade +7.57% above its 20-day simple moving average and -4.28% percent below its 100-day simple moving average.
Stochastic coefficient K was 75.65% and Stochastic coefficient D was 82.68%, while ATR was 0.15. Given the Stochastic reading of 68.09% for the 14-day period, the RSI (14) reading has been calculated as 55.47%. As of today, the MACD Oscillator reading stands at 0.08, while the 14-day reading stands at 0.19.
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 $10.80, 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 $11.21.
