Bank Of Nova Scotia (NYSE: BNS) kicked off on Friday, up 0.27% from the previous trading day, before settling in for the closing price of $67.27. Over the past 52 weeks, BNS has traded in a range of $44.09-$68.10.
It was noted that within the last five years, the titan of the Financial sector saw sales slided by -2.89%. While this was happening, its average annual earnings per share was recorded 9.00%. With a float of $1.24 billion, this company’s outstanding shares have now reached $1.24 billion.
Bank Of Nova Scotia (BNS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Diversified Industry. The insider ownership of Bank Of Nova Scotia is 0.06%, while institutional ownership is 47.71%. 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
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 1.57 earnings per share (EPS), lower than consensus estimate (set at 1.6) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.70% 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
Take a look at Bank Of Nova Scotia’s (BNS) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 10.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.74, a number that is poised to hit 1.31 in the next quarter and is forecasted to reach 5.70 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 1.43 million was inferior to 1.9 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.66%.
During the past 100 days, Bank Of Nova Scotia’s (BNS) raw stochastic average was set at 95.29%, which indicates a significant increase from 80.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.87 in the past 14 days, which was higher than the 0.63 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.88, while its 200-day Moving Average is $55.51. Now, the first resistance to watch is $67.84. This is followed by the second major resistance level at $68.23. The third major resistance level sits at $68.87. If the price goes on to break the first support level at $66.81, it is likely to go to the next support level at $66.16. The third support level lies at $65.77 if the price breaches the second support level.
Bank Of Nova Scotia (NYSE: BNS) Key Stats
The company with the Market Capitalisation of 83.80 billion has total of 1,236,306K Shares Outstanding. Its annual sales at the moment are 55,894 M in contrast with the sum of 5,700 M annual income. Company’s last quarter sales were recorded 13,181 M and last quarter income was 1,781 M.
