Banc of California Inc (NYSE: BANC) started the day on Thursday, with a price increase of 1.80% at $16.36, before settling in for the price of $16.07 at the close. Taking a more long-term approach, BANC posted a 52-week range of $11.36-$16.92.
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In the past 5-years timespan, the Financial sector firm’s annual sales growth was 77.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 102.03%. This publicly-traded company’s shares outstanding now amounts to $156.79 million, simultaneously with a float of $137.95 million. The organization now has a market capitalization sitting at $2.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.18, while the 200-day Moving Average is $14.23.
Banc of California Inc (BANC) 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. Banc of California Inc’s current insider ownership accounts for 18.18%, in contrast to 79.79% institutional ownership. According to the most recent insider trade that took place on Sep 05 ’24, this organization’s Director sold 125,000 shares at the rate of 14.20, making the entire transaction reach 1,774,625 in total value, affecting insider ownership by 668,939. Preceding that transaction, on Sep 04 ’24, Company’s Director sold 75,000 for 14.00, making the whole transaction’s value amount to 1,050,300. This particular insider is now the holder of 719,826 in total.
Banc of California Inc (BANC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
Banc of California Inc’s EPS increase for this current 12-month fiscal period is 102.03% and is forecasted to reach 1.30 in the upcoming year.
Banc of California Inc (NYSE: BANC) Trading Performance Indicators
Let’s observe the current performance indicators for Banc of California Inc (BANC). The Stock has managed to achieve an average true range (ATR) of 0.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.83. Similarly, its price to free cash flow for trailing twelve months is now 75.84.
In the same vein, BANC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.31, a figure that is expected to reach 0.23 in the next quarter, and analysts are predicting that it will be 1.30 at the market close of one year from today.
Technical Analysis of Banc of California Inc (BANC)
If we take a close look at the recent performances of Banc of California Inc (NYSE: BANC), its last 5-days Average volume was 2.05 million that shows plunge from its year to date volume of 2.35 million. During the previous 9 days, stock’s Stochastic %D was recorded 37.48% While, its Average True Range was 0.46.
Raw Stochastic average of Banc of California Inc (BANC) in the period of the previous 100 days is set at 88.69%, which indicates a major rise in contrast to 73.95% 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 47.28% that was higher than 40.46% volatility it exhibited in the past 100-days period.
