A new trading day began on Friday, with Royal Bank Of Canada (NYSE: RY) stock price down -0.14% from the previous day of trading, before settling in for the closing price of $146.77. RY’s price has ranged from $106.10 to $149.44 over the past 52 weeks.
During the last 5-year period, the sales growth of Financial Sector giant was 4.62%. Meanwhile, its annual earnings per share averaged 16.93%. With a float of $1.40 billion, this company’s outstanding shares have now reached $1.41 billion.
Royal Bank Of Canada (RY) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Diversified Industry. The insider ownership of Royal Bank Of Canada is 0.04%, while institutional ownership is 51.04%.
Royal Bank Of Canada (RY) Recent Fiscal highlights
In its latest quarterly report, released on 10/31/2024, the company reported earnings of 3.07 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.52% during the next five years compared to 4.62% growth over the previous five years of trading.
Royal Bank Of Canada (NYSE: RY) Trading Performance Indicators
Here are Royal Bank Of Canada’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.48, a number that is poised to hit 2.50 in the next quarter and is forecasted to reach 10.81 in one year’s time.
Technical Analysis of Royal Bank Of Canada (RY)
Looking closely at Royal Bank Of Canada (NYSE: RY), its last 5-days average volume was 1.44 million, which is a jump from its year-to-date volume of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 70.57%.
During the past 100 days, Royal Bank Of Canada’s (RY) raw stochastic average was set at 86.94%, which indicates a significant increase from 52.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.88 in the past 14 days, which was higher than the 1.46 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $146.35, while its 200-day Moving Average is $130.02. However, in the short run, Royal Bank Of Canada’s stock first resistance to watch stands at $147.23. Second resistance stands at $147.90. The third major resistance level sits at $149.23. If the price goes on to break the first support level at $145.22, it is likely to go to the next support level at $143.89. Now, if the price goes above the second support level, the third support stands at $143.22.
Royal Bank Of Canada (NYSE: RY) Key Stats
With a market capitalization of 205.92 billion, the company has a total of 1,403,643K Shares Outstanding. Currently, annual sales are 98,701 M while annual income is 11,924 M. The company’s previous quarter sales were 25,283 M while its latest quarter income was 3,941 M.
