New York Community Bancorp Inc. (NYSE:NYCB) shares traded higher over the last trading session, gaining 3.02% on 03/08/21. The shares fell to a low of $12.33 before closing at $12.61. Intraday shares traded counted 5.69 million, which was -39.82% lower than its 30-day average trading volume of 4.07M. NYCB’s previous close was $12.24 while the outstanding shares total 461.73M. The firm has a beta of 1.08, a 12-month trailing P/E ratio of 14.44. The stock’s Relative Strength Index (RSI) is 67.96, with weekly volatility at 2.91% and ATR at 0.37. The NYCB stock’s 52-week price range has touched low of $7.72 and a $13.23 high.
Investors have identified the Banks – Regional company New York Community Bancorp 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 $5.79 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 1.21 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 NYCB sounds very interesting.
Is the stock of NYCB attractive?
In related news, Director, Rosenfeld Ronald A. bought 5,000 shares of the company’s stock in a transaction that recorded on Feb 09. The purchase was performed at an average price of 10.63, for a total value of 53,168. As the purchase deal closes, the Director, Savarese Lawrence J. now bought 2,000 shares of the company’s stock, valued at 20,400. Also, Director, Savarese Lawrence J. bought 3,000 shares of the company’s stock in a deal that was recorded on Mar 13. The shares were cost at an average price of 9.68 per share, with a total market value of 29,043. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
7 out of 16 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on New York Community Bancorp Inc.. 0 analysts has assigned a Sell rating on the NYCB stock. The 12-month mean consensus price target for the company’s shares has been set at $12.42.