Barclays PLC (BCS) Shares Soar 2.22% to 2015 High

Barclays PLC (BCS) shares surged 2.22% intraday, reaching their highest level since August 2015, marking a fourth consecutive day of gains with a total increase of 6.58% over the past four days.

The strategy of buying BCS shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a maximum drawdown of 23.55% and a recovery time of 18 months. The portfolio generated a return of 9.16% per year, with 66.88% of months positive, compared to the benchmark's 13.81% per year and 69.38% of months positive. While the strategy showed resilience during market downturns, the overall performance was slightly underwhelming compared to the benchmark.

Ellevest Inc. recently acquired a new position in Barclays PLC, signaling increased investor interest and confidence in the company. This move comes as a positive change from Barclays's previous semi-annual dividend, indicating a shift in investor sentiment towards the bank.

Barclays has demonstrated strong performance over the past two years, with its stock soaring 120%. This impressive growth has outperformed both the Financial Sector and the S&P 500, highlighting the bank's robust momentum and positive investor sentiment.

On the last trading day, May 12, 2025, Barclays PLC's stock price gained 1.03%, marking the third consecutive day of gains. This upward trend suggests a positive outlook for the bank's stock price, driven by increased investor confidence and strong performance.