Eastern Bankshares Inc. (NASDAQ: EBC) open the trading on Wednesday, with a bit cautious approach as it glided -2.84% to $16.10, before settling in for the price of $16.57 at the close. Taking a more long-term approach, EBC posted a 52-week range of $10.65-$16.72.
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The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded -0.67%. Meanwhile, its Annual Earning per share during the time was 19.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.85%. This publicly-traded company’s shares outstanding now amounts to $215.83 million, simultaneously with a float of $194.74 million. The organization now has a market capitalization sitting at $3.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.05, while the 200-day Moving Average is $13.31.
Eastern Bankshares Inc. (EBC) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Banks – Regional industry. Eastern Bankshares Inc.’s current insider ownership accounts for 9.77%, in contrast to 53.81% institutional ownership. According to the most recent insider trade that took place on May 15 ’24, this organization’s Director sold 4,782 shares at the rate of 14.07, making the entire transaction reach 67,283 in total value, affecting insider ownership by 41,954. Preceding that transaction, on May 15 ’24, Company’s Director sold 2,200 for 14.07, making the whole transaction’s value amount to 30,954. This particular insider is now the holder of 72,997 in total.
Eastern Bankshares Inc. (EBC) Earnings and Revenue Records
Eastern Bankshares Inc.’s EPS increase for this current 12-month fiscal period is 14.85% and is forecasted to reach 1.41 in the upcoming year.
Eastern Bankshares Inc. (NASDAQ: EBC) Trading Performance Indicators
Let’s observe the current performance indicators for Eastern Bankshares Inc. (EBC). The Stock has managed to achieve an average true range (ATR) of 0.46. Alongside those numbers, its PE Ratio stands at $5.63, and its Beta score is 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.72. Similarly, its price to free cash flow for trailing twelve months is now 7.59.
In the same vein, EBC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.86, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.41 at the market close of one year from today.
Technical Analysis of Eastern Bankshares Inc. (EBC)
[Eastern Bankshares Inc., EBC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 82.64% While, its Average True Range was 0.50.
Raw Stochastic average of Eastern Bankshares Inc. (EBC) in the period of the previous 100 days is set at 86.32%, which indicates a major rise in contrast to 80.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.83% that was higher than 29.76% volatility it exhibited in the past 100-days period.
