Home  »  Business   »  Highlights from the Ratings and Financial Report f...

Highlights from the Ratings and Financial Report for The Bank of Nova Scotia (BNS)

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

The Bank of Nova Scotia (NYSE:BNS) went up by 0.53% from its latest closing price compared to the recent 1-year high of $73.00. The company’s stock price has collected 3.79% of gains in the last five trading sessions. Press Release reported 6 hours ago that Scotiabank hosts employee Allyship Summit for Change to support culture of inclusion and belonging

Is It Worth Investing in The Bank of Nova Scotia (NYSE :BNS) Right Now?

The Bank of Nova Scotia (NYSE:BNS) scored a price-to-earnings ratio above its average ratio, recording 12.12 x from its present earnings ratio. Plus, the 36-month beta value for BNS is at 0.96.


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


BNS currently public float of 1.22B and currently shorts hold a 0.28% ratio of that float. Today, the average trading volume of BNS was 1.37M shares.

BNS’s Market Performance

BNS stocks went up by 3.79% for the week, with a monthly jump of 9.52% and a quarterly performance of 16.16%, while its annual performance rate touched 35.04%. The volatility ratio for the week stands at 1.42% while the volatility levels for the past 30 days are set at 1.31% for The Bank of Nova Scotia. The simple moving average for the period of the last 20 days is 4.55% for BNS stocks with a simple moving average of 13.45% for the last 200 days.

Analysts’ Opinion of BNS

CIBC gave a rating of “Sector Outperform” to BNS, setting the target price at $86 in the report published on March 02nd of the previous year.

BNS Trading at 8.47% from the 50-Day Moving Average

After a stumble in the market that brought BNS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.52% of gains for the given period.

Volatility was left at 1.31%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares surge +9.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.73% upper at present.

During the last 5 trading sessions, BNS rose by +3.79%, which changed the moving average for the period of 200-days by +16.48% in comparison to the 20-day moving average, which settled at $70.50. In addition, The Bank of Nova Scotia saw 2.36% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for BNS

Equity return is now at value 14.70, with 0.80 for asset returns.

>> 7 Top Picks for the Post-Pandemic Economy <<

Leave a Comment

Your email address will not be published. Required fields are marked *

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam