OFG Bancorp (NYSE: OFG) started the day on Wednesday, with a price decrease of -7.82% at $41.35, before settling in for the price of $44.86 at the close. Taking a more long-term approach, OFG posted a 52-week range of $28.32-$47.57.
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It was noted that the giant of the Financial sector posted annual sales growth of 12.83% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 20.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.27%. This publicly-traded company’s shares outstanding now amounts to $47.07 million, simultaneously with a float of $45.77 million. The organization now has a market capitalization sitting at $1.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.62, while the 200-day Moving Average is $38.87.
OFG Bancorp (OFG) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Banks – Regional Industry. OFG Bancorp’s current insider ownership accounts for 1.70%, in contrast to 93.64% institutional ownership. According to the most recent insider trade that took place on Jul 29 ’24, this organization’s Director sold 33,081 shares at the rate of 45.73, making the entire transaction reach 1,512,827 in total value, affecting insider ownership by 70,919. Preceding that transaction, on Jul 30 ’24, Company’s Director sold 11,176 for 45.56, making the whole transaction’s value amount to 509,124. This particular insider is now the holder of 59,743 in total.
OFG Bancorp (OFG) Earnings and Revenue Records
OFG Bancorp’s EPS increase for this current 12-month fiscal period is 9.27% and is forecasted to reach 4.05 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the 20.32% growth it accomplished over the previous five years trading on the market.
OFG Bancorp (NYSE: OFG) Trading Performance Indicators
Let’s observe the current performance indicators for OFG Bancorp (OFG). The Stock has managed to achieve an average true range (ATR) of 1.24. Alongside those numbers, its PE Ratio stands at $10.17, and its Beta score is 1.00. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.28. Similarly, its price to free cash flow for trailing twelve months is now 5.81.
In the same vein, OFG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.06, a figure that is expected to reach 1.03 in the next quarter, and analysts are predicting that it will be 4.05 at the market close of one year from today.
Technical Analysis of OFG Bancorp (OFG)
If we take a close look at the recent performances of OFG Bancorp (NYSE: OFG), its last 5-days Average volume was 0.27 million that shows progress from its year to date volume of 0.23 million. During the previous 9 days, stock’s Stochastic %D was recorded 56.48% While, its Average True Range was 1.33.
Raw Stochastic average of OFG Bancorp (OFG) in the period of the previous 100 days is set at 47.91%, which indicates a major rise in contrast to 4.31% 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 43.76% that was higher than 28.35% volatility it exhibited in the past 100-days period.
