Bank Of Nova Scotia (NYSE: BNS) on Monday, plunged -0.63% from the previous trading day, before settling in for the closing price of $47.73. Within the past 52 weeks, BNS’s price has moved between $43.67 and $57.07.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 11.72%. The company achieved an average annual earnings per share of 5.89%. With a float of $1.24 billion, this company’s outstanding shares have now reached $1.25 billion.
The extent of productivity of a business whose workforce counts for 88488 workers is very important to gauge. In terms of profitability, gross margin is 100.0%, operating margin of 4.7%, and the pretax margin is 19.78%.
Bank Of Nova Scotia (BNS) Insider and Institutional Ownership
Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of Bank Of Nova Scotia is 0.05%, while institutional ownership is 45.62%. The most recent insider transaction that took place on Feb 05 ’25, was worth 892,500. In this transaction Director of this company bought 50,000 shares at a rate of $17.85, taking the stock ownership to the 162,983,726 shares.
Bank Of Nova Scotia (BNS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.90% during the next five years compared to -2.89% drop over the previous five years of trading.
Bank Of Nova Scotia (NYSE: BNS) Trading Performance Indicators
Bank Of Nova Scotia (BNS) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09. Likewise, its price to free cash flow for the trailing twelve months is 31.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.55, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 5.54 in one year’s time.
Technical Analysis of Bank Of Nova Scotia (BNS)
The latest stats from [Bank Of Nova Scotia, BNS] show that its last 5-days average volume of 2.98 million was superior to 1.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.32%. Additionally, its Average True Range was 0.75.
During the past 100 days, Bank Of Nova Scotia’s (BNS) raw stochastic average was set at 8.02%, which indicates a significant decrease from 32.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.84% in the past 14 days, which was lower than the 16.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.79, while its 200-day Moving Average is $50.61. Now, the first resistance to watch is $47.80. This is followed by the second major resistance level at $48.16. The third major resistance level sits at $48.77. If the price goes on to break the first support level at $46.83, it is likely to go to the next support level at $46.22. The third support level lies at $45.86 if the price breaches the second support level.
Bank Of Nova Scotia (NYSE: BNS) Key Stats
Market capitalization of the company is 59.08 billion based on 1,245,531K outstanding shares. Right now, sales total 55,894 M and income totals 5,700 M. The company made 13,489 M in profit during its latest quarter, and 806,690 K in sales during its previous quarter.
