On Tuesday, Associated Banc-Corp. (NYSE: ASB) opened lower -2.80% from the last session, before settling in for the closing price of $20.71. Price fluctuations for ASB have ranged from $15.16 to $22.77 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 9.21%. Company’s average yearly earnings per share was noted -6.06% at the time writing. With a float of $149.00 million, this company’s outstanding shares have now reached $151.04 million.
Associated Banc-Corp. (ASB) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Associated Banc-Corp. is 1.17%, while institutional ownership is 82.81%. The most recent insider transaction that took place on May 06 ’24, was worth 55,438. In this transaction Executive Vice President of this company sold 2,500 shares at a rate of $22.18, taking the stock ownership to the 100,922 shares. Before that another transaction happened on Apr 30 ’24, when Company’s Executive Vice President sold 5,019 for $21.23, making the entire transaction worth $106,578. This insider now owns 37,993 shares in total.
Associated Banc-Corp. (ASB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -6.06% 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 -9.80% drop over the previous five years of trading.
Associated Banc-Corp. (NYSE: ASB) Trading Performance Indicators
Check out the current performance indicators for Associated Banc-Corp. (ASB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 6.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.37 in one year’s time.
Technical Analysis of Associated Banc-Corp. (ASB)
Compared to the last year’s volume of 1.32 million, its volume of 1.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.00%. Additionally, its Average True Range was 0.44.
During the past 100 days, Associated Banc-Corp.’s (ASB) raw stochastic average was set at 21.66%, which indicates a significant decrease from 29.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.10% in the past 14 days, which was lower than the 24.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.12, while its 200-day Moving Average is $19.74. Nevertheless, the first resistance level for the watch stands at $20.50 in the near term. At $20.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.07. If the price goes on to break the first support level at $19.94, it is likely to go to the next support level at $19.75. Now, if the price goes above the second support level, the third support stands at $19.37.
Associated Banc-Corp. (NYSE: ASB) Key Stats
There are currently 150,803K shares outstanding in the company with a market cap of 3.03 billion. Presently, the company’s annual sales total 2,021 M according to its annual income of 182,960 K. Last quarter, the company’s sales amounted to 588,370 K and its income totaled 81,170 K.
