Bank of America – Bank of America Stock Over 3% Down On Wednesday

Shares of Bank of America slid 3.59% to $29.83 at 17:46 EST on Wednesday, after five sequential sessions in a row of losses. NYSE Composite is dropping 2.55% to $14,487.73, after four successive sessions in a row of losses. This seems, up until now, an all-around negative trend exchanging session today.

Bank of America’s last close was $30.94, 18.84% below its 52-week high of $35.45.

The company’s growth estimates for the current quarter and the next is 47.5% and 70.3%, 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.

Volatility

Bank of America’s last day, last week, and last month’s average volatility was a negative 0.71%, a negative 1.16%, and a positive 0.15%, respectively.

Bank of America’s last day, last week, and last month’s high and low average amplitude percentage was 1.68%, 2.00%, and 2.35%, respectively.

Bank of America’s Stock Yearly Top and Bottom Value

Bank of America’s stock is valued at $29.83 at 17:46 EST, way below its 52-week high of $35.45 and way above its 52-week low of $17.95.

Bank of America’s Moving Average

Bank of America’s value is under its 50-day moving average of $30.71 and way above its 200-day moving average of $26.72.

Previous days news about Bank of America

According to Fintech Zoom on Sunday, 24 January, “Smaller and cheaper stocks have been on a tear over the last few months, and Bank of America says the good times are nowhere near over.”

Roku stock gains after Bank of America turns more bullish. According to MarketWatch on Monday, 25 January, “Shares of Roku Inc. are up 2.8% in Monday morning trading after Bank of America analyst Ruplu Bhattacharya increased his price objective on the stock to $500 from $380. “