Barclays PLC (NYSE:BCS)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $18.00 and last traded at $17.99, with a volume of 7642535 shares. The stock had previously closed at $17.93.
Analyst Ratings Changes
A number of research firms have recently issued reports on BCS. Wall Street Zen downgraded Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th.
Check Out Our Latest Research Report on BCS
Barclays Trading Up 0.9%
The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The stock's 50 day moving average price is $15.96 and its 200-day moving average price is $14.93. The stock has a market capitalization of $63.67 billion, a P/E ratio of 9.70, a P/E/G ratio of 0.39 and a beta of 1.11.
Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The business had revenue of $10.32 billion for the quarter, compared to analysts' expectations of $8.37 billion. Barclays had a return on equity of 7.74% and a net margin of 20.81%. As a group, equities research analysts expect that Barclays PLC will post 2 earnings per share for the current year.
Institutional Investors Weigh In On Barclays
Institutional investors have recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. bought a new stake in shares of Barclays in the 1st quarter valued at about $29,000. Elequin Capital LP acquired a new stake in Barclays in the first quarter valued at approximately $30,000. Wealthquest Corp acquired a new stake in Barclays in the first quarter worth about $32,000. Activest Wealth Management acquired a new stake in Barclays in the 4th quarter worth approximately $33,000. Finally, Sierra Ocean LLC acquired a new stake in Barclays in the 4th quarter worth approximately $38,000. Institutional investors own 3.39% of the company's stock.
About Barclays
(
Get Free Report)
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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