Barclays plc ADR (NYSE:BCS) finished Thursday with an addition of $0.08 to close at $7.83, an upside of 1.03 percent. An average of 9,366,960 shares of common stock have been traded in the last five days. There was a gain of $0.12 in the past week, and it reached a new high 33 times over the past 12 months. The last 20 days have seen an average of 8,899,390 shares traded, while the 50-day average volume stands at 9,028,160.
BCS stock has increased by 2.22% in the last month. The company shares reached their 1-month lowest point of $7.34 on 09/08/23. With the stock rallying to its 52-week high on 02/09/23, shares of the company touched a low of $5.89 and a high of $9.44 in 52 weeks. It has reached a new high 15 times so far this year and achieved 0.38% or $0.03 in price. In spite of this, the price is down -17.01% from the 52-week high.
Valuation Metrics
Barclays plc ADR (BCS) stock’s beta is 1.35. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.98, the price-to-book (PB) ratio at 0.44.
The company has a payout ratio of 22.53%. The company’s most recent quarterly dividend payment was $0.1398 a share, representing a up of 34.42% from $0.1040 last year. Its latest increase dividend $0.0358 reported on Thursday July 27 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 2.91 and a total debt to equity ratio of 3.67 for the recent quarter. Its gross profit as reported stood at $30.87 billion compared to revenue of $30.87 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Barclays plc ADR (BCS) price momentum. RSI 9-day as of the close on 28 September was 57.30%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.29%.
As of today, BCS’s price is $7.73 +1.56% or $0.12 from its 5-day moving average. BCS is currently trading +2.89% higher than its 20-day SMA and +0.13% higher than its 100-day SMA. However, the stock’s current price level is -8.42% below the SMA50 and -1.26% below the SMA200.
The stochastic %K and %D were 60.60% and 54.72%, respectively, and the average true range (ATR) was 0.16. With the 14-day stochastic at 59.81% and the average true range at 0.16, the RSI (14) stands at 55.45%. The stock has reached 0.01 on the 9-day MACD Oscillator while the 14-day reading was at 0.00.
Analyst Ratings
Morgan Stanley upgraded Barclays plc ADR (NYSE: BCS) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal-weight. The consensus rating for Barclays plc ADR (BCS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BCS, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.
What is BCS’s price target for the next 12 months?
Analysts predict a range of price targets between $8.74 and $16.45, with a median target of $10.80. Taking a look at these predictions, the average price target given by analysts for Barclays plc ADR (BCS) stock is $11.17.
