BCE (BCE) has risen sharply, recording gains of 4.15% in the past 4 weeks. However, the stock has corrected -0.64% in the past 1 week, providing a good buying opportunity on dips. BCE (BCE) : During the past 4 weeks, traders have been relatively bearish on BCE (BCE), hence the stock is down -2.44% 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 -1.25% relative to the S&P 500.
BCE (NYSE:BCE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.05 and $47.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.99, notching a gain of 0.13% for the day. The total traded volume was 752,310 . The stock had closed at $47.93 on the previous day.
The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 2.98%. BCE Inc. is up 5.23% in the last 3-month period. Year-to-Date the stock performance stands at 27.17%.
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.