Bank Of New York Mellon Corp (NYSE:BK) shares, rose in value, with the stock price up by 0.61% to the previous day’s close as strong demand from buyers drove the stock to $92.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $91.60. The PE ratio was 15.02 over 12-month period. Referring to stock’s 52-week performance, its high was $92.08, and the low was $58.19. On the whole, BK has fluctuated by 2.29% over the past month.
With the market capitalization of Bank Of New York Mellon Corp currently standing at about $65.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-11. The company’s Forward Dividend Ratio is 1.88, with its dividend yield at 2.04%.
The stock’s technical analysis shows that the PEG ratio is about 1.17, with the price of BK currently trading nearly 2.83% and 8.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.14, while the 7-day volatility ratio is showing 1.79% which for the 30-day chart, stands at 1.10%. Furthermore, Bank Of New York Mellon Corp (BK)’s beta value is 1.07, and its average true range (ATR) is 1.45.
A comparison of Bank Of New York Mellon Corp (BK) with its peers suggests the former has fared considerably weaker in the market. BK showed an intraday change of 0.61% in today’s session so far, and over the past year, it grew by 58.43%%.
Data on historical trading for Bank Of New York Mellon Corp (NYSE:BK) indicates that the trading volumes over the past 3 months, they’ve averaged 4.03 million. According to company’s latest data on outstanding shares, there are 715.43 million shares outstanding.
Nearly 0.29% of Bank Of New York Mellon Corp’s shares belong to company insiders and institutional investors own 88.50% of the company’s shares. The stock has risen by 19.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BK stock heading into the next quarter.
