The stock of Bank of Montreal (BMO) has seen a 1.67% increase in the past week, with a 0.48% gain in the past month, and a 5.56% flourish in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are at 1.28% for BMO. The simple moving average for the last 20 days is 1.88% for BMO’s stock, with a simple moving average of 9.41% for the last 200 days.
Is It Worth Investing in Bank of Montreal (NYSE: BMO) Right Now?
The price-to-earnings ratio for Bank of Montreal (NYSE: BMO) is above average at 14.19x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for BMO is 729.39M, and currently, short sellers hold a 0.76% ratio of that floaft. The average trading volume of BMO on January 20, 2025 was 791.34K shares.
BMO) stock’s latest price update
Bank of Montreal (NYSE: BMO)’s stock price has gone decline by -0.13 in comparison to its previous close of 99.20, however, the company has experienced a 1.67% increase in its stock price over the last five trading days. prnewswire.com reported 2025-01-17 that TORONTO, Jan. 17, 2025 /PRNewswire/ – Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it has received approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) to proceed with its previously-announced normal course issuer bid to purchase, for cancellation, up to 20 million of its common shares, commencing January 22, 2025, and ending no later than January 21, 2026. Purchases under the bid may be made through the facilities of the TSX and may also be made through other designated exchanges and alternative Canadian trading systems or by such other means as may be permitted by a securities regulatory authority, including under automatic purchase plans, block purchases, private agreements or share repurchase programs under exemption orders issued by securities regulatory authorities.
BMO Trading at 2.76% from the 50-Day Moving Average
After a stumble in the market that brought BMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.31% of loss for the given period.
Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares surge +0.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.00% upper at present.
During the last 5 trading sessions, BMO rose by +1.67%, which changed the moving average for the period of 200-days by +2.73% in comparison to the 20-day moving average, which settled at $97.24. In addition, Bank of Montreal saw 2.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BMO
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 1.02 for the gross margin
The net margin for Bank of Montreal stands at 0.14. The total capital return value is set at 0.0. Equity return is now at value 9.27, with 0.55 for asset returns.
Based on Bank of Montreal (BMO), the company’s capital structure generated 0.76 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 3.12. The interest coverage ratio of the stock is 0.09.
When we switch over and look at the enterprise to sales, we see a ratio of 5.53. The receivables turnover for the company is 1.27for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
Conclusion
In a nutshell, Bank of Montreal (BMO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
