Brink’s Co. BCO Stock Analysis

Brink’s Co. stock trades under the ticker BCO & has shown recent bullish behavior that traders & investors should look closer into.

BCO stock closed at $55.67/share on 10/4/2022.

Brink’s Co. BCO Stock’s Technical Performance Broken Down

Brink's Co. BCO Stock's Technical Performance Over The Last Year

BCO Stock Price: $55.67

10 Day Moving Average: $51.01

50 Day Moving Average: $55.08

200 Day Moving Average: $61.16

RSI: 59.16

MACD: -1.176

Yesterday, BCO stock completed a bullish MACD crossover, gapping up 9.05% before the close.

Recent trading volumes have been about average compared to the year prior, and their RSI is on the overbought side of neutral, signaling there may be more room to run as they begin to establish a new price range.

They have support at the $54.61 & $53.95/share prive levels, as they try to break out above the $56.74 & $57.16/share resistance levels.

Brink’s Co. BCO Stock As A Long-Term Investment

Long-term oriented investors will like BCO stock’s 13.65 P/E (ttm), but will find their 9.52 P/B (mrq) to be too high.

They recently reported 8.1% Quarterly Revenue Growth Y-o-Y, with 46.9% Quarterly Earnings Growth Y-o-Y.

Their balance sheet also will require a more thorough review, with $756.1M of Total Cash (mrq) & $3.42B of Total Debt (mrq).

BCO stock pays a 1.57% dividend, which appears to be stable in the long-run, with a 22.54% payout ratio.

99.65% of BCO stock’s outstanding share float is owned by institutional investors.

Brink’s Co. BCO Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to protect their portfolio from volatility, while profiting from changes in BCO stock’s price.

I am looking at the contracts with the 10/21 expiration date.

The $55 & $50 call options are in-the-money, with the former being more liquid than the latter.

The $60 puts are also in-the-money.

Tying It All Together

BCO stock has many unique traits that investors & traders are sure to like.

Investors will like their dividend yield & recent growth, but will want to look closer into their balance sheet before investing.

Traders will like their current technical performance, but will be disappointed by how iliquid their options are.

Overall, it is worth taking a closer look into BCO stock to see how it fits into your portfolio strategy.

*** I DO NOT OWN SHARES OF BCO STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***