Barclays PLC (NYSE:BCS)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.29 and traded as high as $13.75. Barclays shares last traded at $13.60, with a volume of 17,613,531 shares changing hands.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on BCS. The Goldman Sachs Group initiated coverage on Barclays in a research report on Tuesday, October 8th. They set a "buy" rating on the stock. StockNews.com upgraded Barclays from a "buy" rating to a "strong-buy" rating in a report on Thursday, December 19th.
Check Out Our Latest Stock Analysis on BCS
Barclays Price Performance
The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. The stock's 50 day moving average price is $13.23 and its two-hundred day moving average price is $12.29. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of 9.02 and a beta of 1.41.
Barclays (NYSE:BCS - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The business had revenue of $8.52 billion for the quarter. During the same quarter in the prior year, the business posted $0.42 EPS. Analysts anticipate that Barclays PLC will post 1.85 EPS for the current fiscal year.
Institutional Trading of Barclays
A number of institutional investors and hedge funds have recently modified their holdings of the company. Symphony Financial Ltd. Co. acquired a new stake in Barclays in the 3rd quarter valued at approximately $42,000. Versant Capital Management Inc bought a new position in Barclays during the fourth quarter worth $44,000. Hexagon Capital Partners LLC raised its stake in Barclays by 32.4% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider's stock valued at $56,000 after purchasing an additional 1,132 shares during the last quarter. Certuity LLC bought a new stake in Barclays in the 2nd quarter valued at $107,000. Finally, GAMMA Investing LLC grew its position in Barclays by 42.6% in the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider's stock worth $113,000 after purchasing an additional 2,774 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.
Barclays Company Profile
(
Get Free Report)
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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