The stock of BANK OF AMERICA CORPORATION COM STK $0.01 (LON:BAC) hit a new 52-week high and has GBX 45.64 target or 143.00% above today’s GBX 18.78 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 45.64 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 34.13% or GBX 4.78 on November 11, hitting GBX 18.78. About 4,031 shares traded hands or 9.39% up from the average. BANK OF AMERICA CORPORATION COM STK $0.01 (LON:BAC) has 0.00% since April 14, 2016 and is . It has underperformed by 6.15% the S&P500.
More recent BANK OF AMERICA CORPORATION COM STK $0.01 (LON:BAC) news were published by: Seekingalpha.com which released: “Yahoo’s (YHOO) CEO Marissa Mayer on Q4 2014 Results – Earnings Call Transcript …” on January 28, 2015. Also Seekingalpha.com published the news titled: “Taking A Look At Investment Grade Adjustable Rate Preferred Stocks” on November 23, 2015. Seekingalpha.com‘s news article titled: “Potential High-Yield ETFs for Dividend Growth Portfolios” with publication date: December 30, 2013 was also an interesting one.
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