BOK Financial Corp. stock trades under the ticker BOKF & has shown recent bullishness that traders & investors may want to research further into for the future.
BOKF closed at $82.24/share on 4/7/2023.
BOK Financial Corp. BOKF Stock’s Technical Performance Broken Down
BOKF Stock Price: $82.24
10 Day Moving Average: $83.76
50 Day Moving Average: $95.62
200 Day Moving Average: $93.54
RSI: 34.63
MACD: -4.023
On Friday, BOKF stock completed a bullish MACD crossover, after steadily declining since late February.
Recent trading volumes have been above average compared to the year prior & their RSI is on the oversold end of neutral after the aforementioned decline.
Their chart is still not signaling it is safe to enter, but watching how they behave at their support levels will help identify a safe entry in the future.
BOKF stock has support at the $80.88, $80.45 & $80.33/share price level, with resistance at the $83.76 (10 day moving average), $83.94 & $84.57/share price level.
BOK Financial BOKF Stock As A Long-Term Investment
Long-term oriented investors will like BOKF stock’s valuation metrics, with a 10.71 P/E (ttm) & a 1.17 P/B (mrq).
They recently reported 18.4% Quarterly Revenue Growth Y-o-Y, with 43.6% Quarterly Earnings Growth Y-o-Y.
Their balance sheet also looks appealing, with $6.75B of Total Cash (mrq) & $7.91B of Total Debt (mrq).
BOKF stock pays a 2.67% dividend, which appears to be sustainable in the long-run, as their payout ratio is 27.73%.
38.8% of BOKF stock’s outstanding share float is owned by institutional investors.
BOK Financial Corp. BOKF Stock As A Short-Term Trade Using Options
Traders focused on shorter time horizons can trade options to profit from price movements in BOKF stock, while protecting their portfolios from volatility.
I am looking at the contracts with the 4/21expiration date.
The $80 call options are in-the-money.
The $85 & $90 puts are also in-the-money, with the former being more liquid than the latter strike.
Tying It All Together
BOKF has many interesting attributes that traders & investors may find appealing after the coming market volatility passes by.
Investors will like their dividend yield, valuation metrics & balance sheet.
Traders will like their recent technical performance, but may be disappointed in how liquid their options are.
All-in-all, it is worth taking a closer look into how BOKF stock may fit into your portfolio strategy down the line after market volatility settles down.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN BOKF STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***