Shares of Bank of America jumped 2.88% to $32.49 at 10:56 EST on Thursday, after three sequential sessions in a row of gains. NYSE Composite is rising 0.63% to $14,933.13, after three successive sessions in a row of gains. This seems, up until now, a somewhat positive trend exchanging session today.
Bank of America’s last close was $31.58, 9.11% under its 52-week high of $35.45.
The company’s growth estimates for the current quarter and the next is 50% and 73%, respectively.
Bank of America’s Revenue
Year-on-year quarterly revenue growth declined by 6.4%, now sitting on 74.21B for the twelve trailing months.
Bank of America’s last day, last week, and last month’s average volatility was 1.77%, 2.06%, and 1.87%, respectively.
Bank of America’s last day, last week, and last month’s high and low average amplitude percentage was 2.75%, 2.47%, and 2.58%, respectively.
Bank of America’s Stock Yearly Top and Bottom Value
Bank of America’s stock is valued at $32.49 at 10:56 EST, under its 52-week high of $35.45 and way higher than its 52-week low of $17.95.
Bank of America’s Moving Average
Bank of America’s value is higher than its 50-day moving average of $30.93 and way above its 200-day moving average of $26.95.
Previous days news about Bank of America
Bank of America downgrades Moderna stock over concerns about valuation. According to MarketWatch on Monday, 1 February, "Shares of Moderna Inc. tumbled 8.2% in trading on Monday after Bank of America analysts downgraded the company’s stock to underperform from neutral, citing valuation concerns. ", "The number of vaccine options with compelling characteristics (single injection, lower cost, clean safety) could begin to weigh on Moderna’s margins and market share longer-term," Bank of America analysts concluded. "