BCE Inc (BCE) Shares Plummet Below 1-Year High

BCE Inc (NYSE: BCE)’s stock price has gone decline by -3.51 in comparison to its previous close of 25.52, however, the company has experienced a -8.46% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-12-07 that This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant 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 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.

Is It Worth Investing in BCE Inc (NYSE: BCE) Right Now?

BCE Inc (NYSE: BCE) has a higher price-to-earnings ratio of 350.27x compared to its average ratio. BCE has 36-month beta value of 0.58. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 14 as “hold,” and 0 as “sell.”

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The public float for BCE is 911.73M, and currently, short sellers hold a 4.70% ratio of that float. The average trading volume of BCE on December 16, 2024 was 3.17M shares.

BCE’s Market Performance

The stock of BCE Inc (BCE) has seen a -8.46% decrease in the past week, with a -8.26% drop in the past month, and a -28.65% fall in the past quarter. The volatility ratio for the week is 2.19%, and the volatility levels for the past 30 days are at 1.88% for BCE. The simple moving average for the past 20 days is -7.59% for BCE’s stock, with a -24.93% simple moving average for the past 200 days.

BCE Trading at -16.40% 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 -41.05% of loss for the given period.

Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares sank -8.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.32% lower at present.

During the last 5 trading sessions, BCE fell by -8.92%, which changed the moving average for the period of 200-days by -33.75% in comparison to the 20-day moving average, which settled at $26.64. In addition, BCE Inc saw -37.47% 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:

  • 0.28 for the present operating margin
  • 0.38 for the gross margin

The net margin for BCE Inc stands at 0.01. The total capital return value is set at 0.12. Equity return is now at value 1.40, with 0.38 for asset returns.

Based on BCE Inc (BCE), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 2.27. The interest coverage ratio of the stock is 4.02.

Currently, EBITDA for the company is 9.76 billion with net debt to EBITDA at 4.54. When we switch over and look at the enterprise to sales, we see a ratio of 2.86. The receivables turnover for the company is 5.51for 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 0.57.

Conclusion

To put it simply, BCE Inc (BCE) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.

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