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Bank of America – Bank of America Corporation (BAC) Rises 1.1% for January 01

Yuuma Nakamura by Yuuma Nakamura
January 2, 2021
in Bank of America (NYSE: BAC)
0

Home » Bank of America – Bank of America Corporation (BAC) Rises 1.1% for January 01

Bank of America – Bank of America Corporation ((BA)C) Rises 1.1% for January 01

Market Summary

 Follow

(BA)&chfill2=transparent&symbol=(BA)C&chscale=1d&chton=off&chwid=267&chhig=150&chtype=Mountain&chlowwh=0&svg=true”/>

Bank of America Corporation is a Bank of America is one of the largest financial institutions in the United States, with more than $2.3 trillion in assets.

Last price
$ 30.31
Last Trade

Dec/31 – 16:00
Change
$ 0.33
Change Percent
1.10 %
Open
$ 30.01
Prev Close
$ 29.98
High
$ 30.39
low
$ 29.90
52 Week High
$ 35.67
52 Week Low
$ 17.96
Market Cap
262,205,470,815
PE Ratio
1.07
Volume
28,716,038
Exchange
NYE

(BA)C – Market Data & News


Trade

Among the biggest risers on the S&P 500 on Friday January 01 was Bank of America Corporation ($(BA)C), popping some 1.1% to a price of $30.31 a share with
some 28.72 million shares trading hands.

Starting the day trading at $30.01, Bank of America Corporation reached an intraday high of $30.39 and hit intraday lows of $29.90. Shares gained $0.33 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 8.65 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $17.96 to $35.67.

Bank of America is one of the largest financial institutions in the United States, with more than $2.3 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America‘s consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. The company’s Merrill Lynch operations provide brokerage and wealth management services, as does U.S. Trust private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries.

Bank of America Corporation has its corporate headquarters located in Charlotte, NC and employs 211,000 people. Its market cap has now risen to $262.21 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 1.07, and P/FCF n/a.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Bank of America Corporation, check out Stock Valuation Analysis tool for (BA)C.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.


To get more information on Bank of America Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
(BA)C’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk. Also, don’t forget to sign-up for our daily
email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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Bank of America – Bank of America Corporation ((BA)C) Rises 1.1% for January 01

 


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