Barclays PLC (NYSE:BCS)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $17.95 and last traded at $17.88, with a volume of 948484 shares changing hands. The stock had previously closed at $17.65.
Wall Street Analyst Weigh In
BCS has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Barclays from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th.
View Our Latest Stock Report on Barclays
Barclays Price Performance
The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The company has a 50 day simple moving average of $15.72 and a 200 day simple moving average of $14.74. The stock has a market cap of $63.34 billion, a P/E ratio of 9.67, a PEG ratio of 0.39 and a beta of 1.10.
Barclays (NYSE:BCS - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.04. Barclays had a net margin of 20.81% and a return on equity of 7.74%. The business had revenue of $10.32 billion during the quarter, compared to the consensus estimate of $8.37 billion. Sell-side analysts forecast that Barclays PLC will post 2 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Financial Management Professionals Inc. acquired a new stake in shares of Barclays in the 1st quarter valued at approximately $29,000. Elequin Capital LP acquired a new stake in Barclays in the first quarter valued at $30,000. Wealthquest Corp bought a new position in shares of Barclays in the 1st quarter valued at about $32,000. Activest Wealth Management bought a new position in shares of Barclays in the 4th quarter valued at about $33,000. Finally, Sierra Ocean LLC acquired a new position in shares of Barclays during the 4th quarter worth about $38,000. Institutional investors and hedge funds 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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