Bank of New York Mellon Corp (BK) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Bank of New York Mellon Corp (BK) experienced unusually high volume on Dec. 21, as the stock lost 2.52% to a closing price of $40.22. The stock saw 9.85 million shares trade hands over the course of the day on 49,232 trades. Given that the stock’s average daily volume over the last month has been 6.55 million shares a day, this represents a pretty substantial spike over the norm.

Bank of New York Mellon Corp has a P/B ratio of 1.23. It also has a P/E ratio of 17.3. The stock has traded between $45.45 and $35.63 over the last 52-weeks, its 50-day SMA is now $42.35, and its 200-day SMA $41.69.

Bank of New York Mellon Corporation is a global investment company. Its business segments are: Investment Management and Investment Services. Its other segments includes credit-related services, the leasing portfolio, corporate treasury activities.

Headquartered in New York, NY, Bank of New York Mellon Corp has 51,300 employees and is currently under the leadership of CEO Curtis Arledge / Brian Shea / Gerald L. Hassell.

For a complete fundamental analysis analysis of Bank of New York Mellon Corp, check out’s Stock Valuation Analysis report for BK. 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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