Barclays (NYSE:BCS) Hits New 1-Year High – Should You Buy?

Posted by Tech Dows on Feb 8th, 2025

Shares of Barclays PLC (NYSE:BCS) reached a new 52-week high on Thursday . The stock traded as high as $15.20 and last traded at $15.18, with a volume of 516482 shares trading hands. The stock had previously closed at $14.86.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

Check Out Our Latest Stock Report on BCS

Barclays Price Performance

The company has a market capitalization of $54.43 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 0.44 and a beta of 1.41. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The company has a fifty day moving average price of $13.74 and a 200 day moving average price of $12.75.

Institutional Investors Weigh In On Barclays

Large investors have recently added to or reduced their stakes in the stock. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Barclays during the fourth quarter worth about $599,000. Massachusetts Financial Services Co. MA bought a new position in Barclays in the 3rd quarter worth about $3,647,000. Dorsey Wright & Associates bought a new stake in shares of Barclays during the third quarter valued at approximately $3,276,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Barclays during the fourth quarter worth approximately $1,004,000. Finally, SG Americas Securities LLC bought a new position in Barclays in the 4th quarter worth approximately $1,208,000. 3.39% of the stock is owned by institutional investors and hedge funds.

About Barclays

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Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.