Barclays PLC (BCS) : Traders are bullish on Barclays PLC (BCS) as it has outperformed the S&P 500 by a wide margin of 5.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.28%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.61% in the last 1 week, and is up 5.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.72% and the fifty day Moving Average is 4.86%. Barclays PLC has dropped 20.12% during the last three month period . Year-to-Date the stock performance stands at -31.37%.
Barclays PLC (NYSE:BCS): On Fridays trading session , Opening price of the stock was $8.75 with an intraday high of $8.8299. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.6. However, the stock managed to close at $8.66, a loss of 0.12% for the day. On the previous day, the stock had closed at $8.67. The total traded volume of the day was 6,794,894 shares.
Barclays PLC (Barclays) is a global financial services holding company. The Company operates in five business segments: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. Barclays Bank PLC is a wholly owned subsidiary of Barclays. The Personal and Corporate Banking (PCB) comprises personal banking, mortgages, wealth & investment management, and corporate banking. Barclaycard is an international payments services provider. The Africa Banking business is managed under three primary businesses. Its businesses include retail and business banking (RBB); wealth, investment management and insurance (WIMI); corporate and investment banking (CIB), as well as an Africa Head Office function. The Investment Bank consists of origination-led and returns-focused markets. Head Office comprises head office and central support functions. It also includes the businesses in transition and consolidation adjustments.