Dow Jones Industrial Average
) is trading up 24 points (+0.2%) at 12,780 as of Thursday, Jan 26, 2012, 10:35 a.m. ET. During this time, 238.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,140 declining with 122 unchanged.
Holding back the Dow today is
), which is lagging the broader Dow index with a one-cent decline (-0.1%) bringing the stock to $7.34. Volume for Bank of America Corporation currently sits at 107.2 million shares traded vs. an average daily trading volume of 271.9 million shares.
Bank of America Corporation has a market cap of $73.89 billion and is part of the
industry. Shares are up 32.2% year to date as of Wednesday's close. The stock's dividend yield sits at 0.5%.
Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. The company has a P/E ratio of 729, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Bank of America Corporation as a
. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself.
- You can view the full Bank of America Ratings Report.