Posted by - August 21, 2024

Public Bank Share Price

As of August 21, 2024, Public Bank Berhad’s share price stands at RM4.67, reflecting a 2.86% increase from the previous close of RM4.54. The stock has seen significant trading volume, with nearly 120 million shares traded, more than doubling its average daily volume over the last three months. This high trading activity suggests potential new trends in the stock’s price movement.

Public Bank’s stock has been performing well over the past year, with a 10.65% increase. The price range for the day is between RM4.50 and RM4.70, with a 52-week range of RM3.98 to RM4.70. The company’s market capitalization is approximately RM90.45 billion.

Investors are showing interest due to the stock’s strong financial health, as indicated by its P/E ratio of 13.81 and a return on equity of 12.4%. The upcoming earnings report, scheduled for November 27, 2024, will be closely watched by investors.

For those considering an investment, it’s important to analyze various factors, including technical indicators and market sentiment. Analysts have a “Strong Buy” sentiment for Public Bank, with a price target of RM4.79, representing a potential upside of 2.57%​ (Investing.com) (Investing.com UK).

 

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