Bank of America Corp. (BAC) is Trading Lower on Unusual Volume for February 11

Equities Staff |

Bank of America Corp. (BAC) experienced unusually high volume on Feb. 11, as the stock lost 6.84% to a closing price of $11.16. The stock saw 293.91 million shares trade hands over the course of the day on 408,228 trades. Given that the stock’s average daily volume over the last month has been 142.51 million shares a day, this represents a pretty substantial spike over the norm.

Bank of America Corp. has a P/B ratio of 0.5. It also has a P/E ratio of 8.7. The stock has traded between $18.48 and $11.91 over the last 52-weeks, its 50-day SMA is now $15.53, and its 200-day SMA $16.41.

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Headquartered in Charlotte, NC, Bank of America Corp. has 215,200 employees and is currently under the leadership of CEO Brian T. Moynihan.

For a complete fundamental analysis analysis of Bank of America Corp., check out’s Stock Valuation Analysis report for BAC. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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