Fulton Financial Corp. (NASDAQ: FULT) kicked off on Tuesday, down -2.36% from the previous trading day, before settling in for the closing price of $14.80. Over the past 52 weeks, FULT has traded in a range of $9.64-$17.06.
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A company in the Financial sector has jumped its sales by 10.61% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -8.23%. With a float of $160.14 million, this company’s outstanding shares have now reached $163.80 million.
In an organization with 3400 employees, it is important to assess its efficiency.
Fulton Financial Corp. (FULT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Fulton Financial Corp. is 1.16%, while institutional ownership is 73.00%. The most recent insider transaction that took place on Nov 07 ’23, was worth 4. In this transaction Director of this company sold 0 shares at a rate of $13.75, taking the stock ownership to the 0 shares. Before that another transaction happened on May 12 ’23, when Company’s Chairman & CEO bought 15,000 for $9.81, making the entire transaction worth $147,156. This insider now owns 157,044 shares in total.
Fulton Financial Corp. (FULT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 6.84% growth over the previous five years of trading.
Fulton Financial Corp. (NASDAQ: FULT) Trading Performance Indicators
Take a look at Fulton Financial Corp.’s (FULT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 7.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.55 in one year’s time.
Technical Analysis of Fulton Financial Corp. (FULT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was better than the volume of 1.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.14%. Additionally, its Average True Range was 0.40.
During the past 100 days, Fulton Financial Corp.’s (FULT) raw stochastic average was set at 18.94%, which indicates a significant increase from 1.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.70% in the past 14 days, which was higher than the 28.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.32, while its 200-day Moving Average is $14.28. However, in the short run, Fulton Financial Corp.’s stock first resistance to watch stands at $14.63. Second resistance stands at $14.81. The third major resistance level sits at $14.91. If the price goes on to break the first support level at $14.35, it is likely to go to the next support level at $14.25. Assuming the price breaks the second support level, the third support level stands at $14.07.
Fulton Financial Corp. (NASDAQ: FULT) Key Stats
The company with the Market Capitalisation of 2.34 billion has total of 162,025K Shares Outstanding. Its annual sales at the moment are 1,501 M in contrast with the sum of 284,280 K annual income. Company’s last quarter sales were recorded 397,510 K and last quarter income was 64,260 K.
