Bank of Nova Scotia (The) (NYSE:BNS) : During the past 4 weeks, traders have been relatively bearish on Bank of Nova Scotia (The) (NYSE:BNS), hence the stock is down -6.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.88% relative to the S&P 500. The 4-week change in the price of the stock is -4.95% and the stock has fallen -1.64% in the past 1 week.
The company shares have dropped -3.21% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $53.17 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $49.88 and the 200 Day Moving Average price is recorded at $45.73.
The stock has recorded a 20-day Moving Average of 1.71% and the 50-Day Moving Average is 1.28%.
Bank of Nova Scotia (The) (NYSE:BNS): stock turned positive on Friday. Though the stock opened at $48.62, the bulls momentum made the stock top out at $49.05 level for the day. The stock recorded a low of $48.49 and closed the trading day at $48.6, in the green by 0.58%. The total traded volume for the day was 754,447. The stock had closed at $48.32 in the previous days trading.
The Bank of Nova Scotia (the Bank) is a Canada-based diversified financial institution. The Bank offered a range of products and services, including retail, commercial, corporate and investment banking to more than 21 million customers in more than 55 countries around the world. The Bank has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management. The Canadian Banking segment provided a range of banking and investing services to more than 7.7 million customers across Canada, through a network of 1,190 branches, 3,869 automated banking machine (ABMs), as well as telephone, Internet banking and third-party channels. International Banking includes Scotiabanks retail and commercial banking operations in more than 55 countries outside Canada. Global Wealth Management (GWM) consists of wealth management insurance and Global Transaction Banking businesses.