People’s United Financial Inc. (NASDAQ:PBCT) Relative Strength Index (RSI) is 82.97, with weekly volatility at 2.84% and ATR at 0.54. The PBCT stock’s 52-week price range has touched low of $9.37 and a $16.36 high. Intraday shares traded counted 27.81 million, which was -456.21% lower than its 30-day average trading volume of 5.00M. Its shares traded higher over the last trading session, gaining 14.92% on 02/22/21. The shares fell to a low of $17.08 before closing at $18.02. PBCT’s previous close was $15.68 while the outstanding shares total 418.00M. The firm has a beta of 1.24, a 12-month trailing P/E ratio of 13.62, and a growth ratio of 0.99.
Investors have identified the Banks – Regional company People’s United Financial Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.49 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 1.31 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PBCT sounds very interesting.
Is the stock of PBCT attractive?
In related news, Sr Executive Vice President, WALTERS KIRK W sold 25,000 shares of the company’s stock in a transaction that recorded on Jan 19. The sale was performed at an average price of 14.43, for a total value of 360,750. As the sale deal closes, the Sr Executive Vice President, WALTERS KIRK W now sold 25,000 shares of the company’s stock, valued at 358,000. Also, Director, Franklin Jerry sold 5,000 shares of the company’s stock in a deal that was recorded on Aug 10. The shares were price at an average price of 11.55 per share, with a total market value of 57,725. Following this completion of acquisition, the Executive Vice President, Berey David P now holds 12,978 shares of the company’s stock, valued at 156,060. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
2 out of 14 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on People’s United Financial Inc.. 0 analysts has assigned a Sell rating on the PBCT stock. The 12-month mean consensus price target for the company’s shares has been set at $15.27.