Bank of America Corporation (NYSE:BAC) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.
Bank of America Corporation (NYSE:BAC) lost -0.2 Percent and closed its previous trading session at $29.84. The stock traded with the average Volume of 66.96 Million at the end of last session.
The company reported its last earnings Actual EPS of $0.62/share. While, the analyst predicted that the company could provide an EPS of $0.59/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.03/share which shows an Earnings Surprise of 5.1 Percent.
Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Bank of America Corporation (NYSE:BAC) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.72% where SMA50 and SMA200 are -0.75% and 3.05% respectively.
The company shows its Return on Assets (ROA) value of 0.8%. The Return on Equity (ROE) value stands at 7.6%. While it’s Return on Investment (ROI) value is 4.8%.
Bank of America Corporation (NYSE:BAC) currently has a Weekly Volatility of 1.47% percent while its Monthly Volatility is at 1.59% percent. While talking about Performance of the Stock, Bank of America Corporation currently has a Weekly performance of -0.67%, monthly performance percentage is -4.11 percent, Quarterly performance is -7.16 percent, 6 months performance shows a percent value of 3.11% and Yearly Performance is 25.54 percent.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.