A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Bank Of America Corp.’s current trading price is -11.48% away from its 52-week high, while its distance from the 52-week low is 57.61%. The stock’s price range for this time frame has been between $24.96 and $44.44. The trading volume of the company’s shares in the Financial reached around 26.14 million for the day, which was evidently lower than the average daily volume of 38.63 million over the last three months.
In terms of market performance, Bank Of America Corp. had a somewhat regular. The highest value for the stock in the past year was $44.44 on 07/17/24, while the lowest value was $24.96 on 10/27/23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Bank Of America Corp. (BAC) has experienced a quarterly rise of 0.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 305.26B and boasts a workforce of 213000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.04, with a change in price of +2.48. Similarly, Bank Of America Corp. recorded 38,090,027 in trading volume during the last 100 days, posting a change of +6.73%.
How BAC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BAC stands at 2.41. Similarly, the long-term debt-to-equity ratio is also 0.99.
BAC Stock Stochastic Average
The raw stochastic average for Bank Of America Corp. over the last 50 days is presently at 45.16%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 54.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 46.95% and 41.30%, respectively.
BAC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 16.84%. However, over the past six months, we’ve seen a weaker performance of 15.47%. The price of BAC leaped by -8.53% over the last 30 days. And in the last five days, it has surged by 2.77%.
