Bank Of America Corp (NYSE:BAC) shares, rose in value on Wednesday, June 18, with the stock price up by 1.88% to the previous day’s close as strong demand from buyers drove the stock to $45.06.
Actively observing the price movement in the last trading, the stock closed the session at $44.23, falling within a range of $44.21 and $45.2. The value of beta (5-year monthly) was 1.307 whereas the PE ratio was 13.45 over 12-month period. Referring to stock’s 52-week performance, its high was $48.08, and the low was $33.06. On the whole, BAC has fluctuated by 0.65% over the past month.
With the market capitalization of Bank Of America Corp currently standing at about $339.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-15. The company’s Forward Dividend Ratio is 1.04, with its dividend yield at 2.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 108.15B, with a low estimate of 26.35B and a high estimate of 27.09B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 26.81B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BAC’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.93, with the price of BAC currently trading nearly 1.72% and 7.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.96, while the 7-day volatility ratio is showing 1.33% which for the 30-day chart, stands at 1.19%. Furthermore, Bank Of America Corp (BAC)’s beta value is 1.31, and its average true range (ATR) is 0.85.
A comparison of Bank Of America Corp (BAC) with its peers suggests the former has fared considerably weaker in the market. BAC showed an intraday change of 1.88% in last session, and over the past year, it grew by 14.83%%.
Data on historical trading for Bank Of America Corp (NYSE:BAC) indicates that the trading volumes over the past 10 days have averaged 35.43 and over the past 3 months, they’ve averaged 46.22 million. According to company’s latest data on outstanding shares, there are 7.56 billion shares outstanding.
Nearly 0.20% of Bank Of America Corp’s shares belong to company insiders and institutional investors own 74.81% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 87.91 million shares as on 2025-05-30, resulting in a short ratio of 2.24. According to the data, the short interest in Bank Of America Corp (BAC) stood at 117.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 96.17 million. The stock has risen by 2.53% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BAC stock heading into the next quarter.
