At the end of the latest market close, The Bank of New York Mellon Corporation (BK) was valued at $42.32. In that particular session, Stock kicked-off at the price of $41.75 while reaching the peak value of $42.495 and lowest value recorded on the day was $41.75. The stock current value is $42.23.Recently in News on June 21, 2022, BNY Mellon FX Breaks into the Top Ten at Euromoney 2022, Placing First in 13 Categories. BNY Mellon FX achieved its best ratings yet at the prestigious Euromoney Awards, taking 8th place overall in the 2022 Survey, up from 32nd in 2018 and 49th in 2016. BNY Mellon ranked 1st in 13 categories, including Customer Satisfaction and Research for the third year running. You can read further details here
The Bank of New York Mellon Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $64.63 on 02/10/22, with the lowest value was $40.26 for the same time period, recorded on 06/14/22.
The Bank of New York Mellon Corporation (BK) full year performance was -14.58%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The Bank of New York Mellon Corporation shares are logging -34.66% during the 52-week period from high price, and 4.89% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $40.26 and $64.63.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 5055583 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the The Bank of New York Mellon Corporation (BK) recorded performance in the market was -27.29%, having the revenues showcasing -19.85% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 34.18B, as it employees total of 49600 workers.
Specialists analysis on The Bank of New York Mellon Corporation (BK)
During the last month, 6 analysts gave the The Bank of New York Mellon Corporation a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 49.37, with a change in the price was noted -16.14. In a similar fashion, The Bank of New York Mellon Corporation posted a movement of -27.65% for the period of last 100 days, recording 5,502,345 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BK is recording 0.69 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.69.
Trends and Technical analysis: The Bank of New York Mellon Corporation (BK)
Raw Stochastic average of The Bank of New York Mellon Corporation in the period of last 50 days is set at 22.62%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 29.34%. In the last 20 days, the company’s Stochastic %K was 24.32% and its Stochastic %D was recorded 18.85%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -27.29%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -25.23%, alongside a downfall of -14.58% for the period of the last 12 months. The shares increased approximately by 4.01% in the 7-day charts and went up by -3.52% in the period of the last 30 days. Common stock shares were lifted by -19.85% during last recorded quarter.