What Are You Thinking About Investing In Barclays plc ADR (NYSE: BCS) Stock?

Barclays plc ADR (NYSE:BCS) traded at $10.42 at close of the session on Friday, April 26, made an upward move of 0.58% on its previous day’s price.

Looking at the stock we see that its previous close was $10.36 . In terms of its 52-week price range, BCS has a high of $10.45 and a low of $6.23. The company’s stock has gained about 10.62% over that past 30 days.

Barclays plc ADR has a market cap of $39.08 billion. With its Forward Dividend at 0.40 and a yield of 3.87%, the company’s investors could be anxious for the BCS stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.45, with the EPS growth for the year raised at $1.46 for 2024 and $1.73 for next year. These figures represent -9.30% and 18.50% growth in EPS for the two years respectively.

According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $31.89 billion, or 1.10% up from figures reported last year.

On the other hand, looking at the outlook for the BCS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Looking further, we note the current price level is 9.67% off its SMA20 and 15.13% from its 50-day simple moving average. The RSI (14) is pointing at 72.94 while the volatility over the past week is 1.81% and jumps to 1.88% over the past one month. The beta value is 1.43, while the average true range (ATR) is currently pointing at 0.24.

Coming back to Barclays plc ADR (NYSE:BCS), we note that the average 3-month trading volume was 17.19 million. Current shares outstanding are 3.78 billion.

The insiders hold 5.30% of the company’s shares while institutions hold 4.24%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 32.23% up in year-to-date price movement.

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