Bank of America Corp (NYSE:BAC) shares after opening at $18.03 moved to $18.03 on last trade day and at the end of the day closed at $17.56. Company price to sales ratio in past twelve months was calculated as 3.39 and price to cash ratio as 0.32. Bank of America Corp(NYSE:BAC) showed a positive weekly performance of 4.52%. Bank of America Corporation is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. The Company provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking (CBB), Consumer Real Estate Services (CRES), Global Banking, Global Markets and Global Wealth & Investment Management (GWIM).
Pfizer Inc. (NYSE: PFE) also weighed on the DJIA yesterday. Shares traded down 1.03% at around $31.58. Biotech and pharmaceuticals stocks had a particularly rough ride. Volume on Pfizer’s shares was about 10% higher than the daily average of around around 25 million shares traded. Pfizer Inc.(NYSE:PFE) shares advance 0.85% in last trading session and ended the day on $32.18. PFE return on equity ratio is recorded as 52.60% and its return on assets is 23.20%. Pfizer Inc.(NYSE:PFE) yearly performance is 18.27%.
Diversified conglomerate General Electric Company(NYSE:GE) recently penned a $400 million agreement with state-owned Algerian utility firm Sonelgaz to develop an industrial complex in the country. The industrial complex will produce gas and steam turbines to meet the increased energy needs of the region. General Electric Company(NYSE:GE) shares moved UP 0.51% in last trading session and was closed at $25.40 while trading in range of $25.34 – 25.83 .General Electric Company(NYSE:GE) year to date (YTD) performance is -8.60%.
AT&T Inc. (NYSE: T) has been a very unloved telecom stock for some time now. That being said, it just so happens that most of the high-yielding Dow Jones Industrial Average (DJIA) members rarely stay down and out forever. Perhaps it is being driven by analyst calls, or perhaps because it is a defensive stock, but bargain buyers have started to return to AT&T shares. AT&T Inc. (NYSE:T) weekly performance is 5.57%. On last trading day company shares ended up $34.30. AT&T Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is 4.25%. Analysts mean target price for the company is $35.54.
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