BCE (NYSE:BCE) has risen sharply, recording gains of 0.06% in the past 4 weeks. However, the stock has corrected -1.39% in the past 1 week, providing a good buying opportunity on dips. BCE (NYSE:BCE) : During the past 4 weeks, traders have been relatively bearish on BCE (NYSE:BCE), hence the stock is down -1.53% 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 -2.63% relative to the S&P 500.
The company shares have rallied 10.76% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $47.94 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $46.63 and the 200 Day Moving Average price is recorded at $43.96.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 1.72%.
BCE (NYSE:BCE): On Fridays trading session , Opening price of the stock was $47.42 with an intraday high of $47.6. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.93. However, the stock managed to close at $46.95, a loss of 0.89% for the day. On the previous day, the stock had closed at $47.37. The total traded volume of the day was 965,356 shares.
BCE Inc. is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services. The Companys segments include Bell Wireless, Bell Wireline and Bell Media. The Companys Bell Wireless segment provides wireless services that are available to virtually all of the Canadian population. The Bell Wireline segment includes voice and data network; high-speed fiber deployment, and bell direct to home (DTH) satellite television service. The Companys Bell Media segment offers specialty and pay television, radio, digital media and out-of-home advertising. The Company, through Bell media, operates approximately 110 radio stations in over 50 markets across Canada.