How Do You Analyze a Bank of America Stock Quote?


Quick Answer

To analyze a Bank of America stock quote, visit a financial website such as CNN Money, enter the company name or ticker symbol, and assess the various financial figures, instruct the websites for CNN Money and Zack's Finance. Bank of America stock trades under the ticker symbol BAC, according to the bank's official website.

Continue Reading
Related Videos

Full Answer

CNN Money offers numerous stock quotes and headlines for Bank of America. The Bank of America quote contains a chart that plots the price of the associated stock over time. Analysts can monitor price trends and even customize the time period. CNN Money also offers metrics that represent current price, day's change as a percentage and year-to-date change.

Visitors can find current news headlines related to the Bank of America when viewing the CNN Money stock quote. Official press releases are also available. A list of advanced stock metrics, such as volume, market capitalization and dividend yield, also assist in performing a financial analysis.CNN Money lists major industry competitors, current financial data, company profile information and associated forecasts.

Zack's Finance provides multiple methods of analyzing stocks. The technical approach involves looking at supply and demand of the stock along with historical prices to predict future prices. The price-to-earnings ratio also helps when comparing a specific stock, such as Bank of America, to its industry competitors. Moreover, the price-to-earnings growth ratio considers the historical growth rate to predict future growth of the stock.

Learn more about Investing

Related Questions