As on Wednesday, Cathay General Bancorp (NASDAQ: CATY) got off with the flyer as it spiked 13.54% to $52.84, before settling in for the price of $46.54 at the close. Taking a more long-term approach, CATY posted a 52-week range of $33.88-$47.65.
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It was noted that the giant of the Financial sector posted annual sales growth of 14.36% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 7.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -19.01%. This publicly-traded company’s shares outstanding now amounts to $72.67 million, simultaneously with a float of $68.37 million. The organization now has a market capitalization sitting at $3.81 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.92, while the 200-day Moving Average is $39.99.
Cathay General Bancorp (CATY) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Cathay General Bancorp’s current insider ownership accounts for 5.26%, in contrast to 72.43% institutional ownership. Preceding that transaction, on Oct 31 ’24, Company’s Vice Chairman sold 12,711 for 46.92, making the whole transaction’s value amount to 596,400. This particular insider is now the holder of 335,252 in total.
Cathay General Bancorp (CATY) Earnings and Revenue Records
Cathay General Bancorp’s EPS decrease for this current 12-month fiscal period is -19.01% and is forecasted to reach 4.20 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 7.85% growth it accomplished over the previous five years trading on the market.
Cathay General Bancorp (NASDAQ: CATY) Trading Performance Indicators
Let’s observe the current performance indicators for Cathay General Bancorp (CATY). The Stock has managed to achieve an average true range (ATR) of 1.56. Alongside those numbers, its PE Ratio stands at $13.31, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.73. Similarly, its price to free cash flow for trailing twelve months is now 10.00.
In the same vein, CATY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.97, a figure that is expected to reach 1.10 in the next quarter, and analysts are predicting that it will be 4.20 at the market close of one year from today.
Technical Analysis of Cathay General Bancorp (CATY)
Through scrutinizing the latest numbers posted by the [Cathay General Bancorp, CATY], it can be observed that its last 5-days Average volume of 0.37 million was better the volume of 0.33 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 63.01% While, its Average True Range was 1.78.
Raw Stochastic average of Cathay General Bancorp (CATY) in the period of the previous 100 days is set at 98.06%, which indicates a major rise in contrast to 96.19% 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 58.31% that was higher than 34.46% volatility it exhibited in the past 100-days period.
