The stock of BCE Inc (BCE) has gone up by 1.86% for the week, with a 2.11% rise in the past month and a -15.57% drop in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are 1.53% for BCE. The simple moving average for the last 20 days is 1.98% for BCE stock, with a simple moving average of -12.89% for the last 200 days.
Is It Worth Investing in BCE Inc (NYSE: BCE) Right Now?
The price-to-earnings ratio for BCE Inc (NYSE: BCE) is 23.47x, which is above its average ratio. Moreover, the 36-month beta value for BCE is 0.61. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for BCE is 911.65M and currently, short sellers hold a 1.71% of that float. On May 08, 2024, BCE’s average trading volume was 2.79M shares.
BCE) stock’s latest price update
The stock price of BCE Inc (NYSE: BCE) has plunged by -0.27 when compared to previous closing price of 33.55, but the company has seen a 1.86% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-04 that This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.7%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.
BCE Trading at -1.92% from the 50-Day Moving Average
After a stumble in the market that brought BCE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.64% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.20% lower at present.
During the last 5 trading sessions, BCE rose by +1.86%, which changed the moving average for the period of 200-days by -24.71% in comparison to the 20-day moving average, which settled at $32.83. In addition, BCE Inc saw -15.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BCE
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.47 for the gross margin
The net margin for BCE Inc stands at 0.07. The total capital return value is set at 0.09. Equity return is now at value 9.28, with 2.73 for asset returns.
Based on BCE Inc (BCE), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.88. The interest coverage ratio of the stock is 3.34.
Currently, EBITDA for the company is 10.42 billion with net debt to EBITDA at 3.62. When we switch over and look at the enterprise to sales, we see a ratio of 3.19. The receivables turnover for the company is 5.64for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
To wrap up, the performance of BCE Inc (BCE) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
