Barclays PLC (BCS) has risen sharply, recording gains of 1.66% in the past 4 weeks. However, the stock has corrected -6.23% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.76% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.64% and the 50-Day Moving Average is 2.53%.The 200 Day SMA reached 11% Barclays PLC has dropped 10.25% during the last 3-month period . Year-to-Date the stock performance stands at -32%.
Company shares have received an average consensus rating of Hold for the current week Barclays PLC (NYSE:BCS): stock was range-bound between the intraday low of $8.55 and the intraday high of $8.73 after having opened at $8.7 on Fridays session. The stock finally closed in the red at $8.7, a loss of -4.56%. The stock remained in the red for the whole trading day. The total traded volume was 7,203,115 shares. The stock failed to cross $8.73 in Fridays trading. The stocks closing price on Thursday was $8.58.
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.