Banc of California Inc (NYSE: BANC) on Tuesday, plunged -0.12% from the previous trading day, before settling in for the closing price of $17.00. Within the past 52 weeks, BANC’s price has moved between $11.88 and $18.08.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Financial Sector giant saw their annual sales surged by 77.31% over the last five years. The company achieved an average annual earnings per share of 102.03%. With a float of $137.95 million, this company’s outstanding shares have now reached $158.33 million.
The firm has a total of 2304 workers. Let’s measure their productivity. In terms of profitability, gross margin is 98.83%, operating margin of -21.38%, and the pretax margin is -43.7%.
Banc of California Inc (BANC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Banc of California Inc is 18.18%, while institutional ownership is 79.82%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,774,625. In this transaction Director of this company sold 125,000 shares at a rate of $14.20, taking the stock ownership to the 668,939 shares. Before that another transaction happened on Sep 04 ’24, when Company’s Director sold 75,000 for $14.00, making the entire transaction worth $1,050,300. This insider now owns 719,826 shares in total.
Banc of California Inc (BANC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 102.03% per share during the next fiscal year.
Banc of California Inc (NYSE: BANC) Trading Performance Indicators
Banc of California Inc (BANC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90. Likewise, its price to free cash flow for the trailing twelve months is 78.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.31, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of Banc of California Inc (BANC)
Analysing the last 5-days average volume posted by the [Banc of California Inc, BANC], we can find that recorded value of 1.48 million was lower than the volume posted last year of 2.34 million. As of the previous 9 days, the stock’s Stochastic %D was 56.67%. Additionally, its Average True Range was 0.47.
During the past 100 days, Banc of California Inc’s (BANC) raw stochastic average was set at 82.02%, which indicates a significant increase from 53.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.28% in the past 14 days, which was lower than the 40.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.53, while its 200-day Moving Average is $14.35. Now, the first resistance to watch is $17.14. This is followed by the second major resistance level at $17.30. The third major resistance level sits at $17.42. If the price goes on to break the first support level at $16.86, it is likely to go to the next support level at $16.74. Now, if the price goes above the second support level, the third support stands at $16.58.
Banc of California Inc (NYSE: BANC) Key Stats
Market capitalization of the company is 2.86 billion based on 158,807K outstanding shares. Right now, sales total 1,523 M and income totals -1,899 M. The company made 431,440 K in profit during its latest quarter, and 8,780 K in sales during its previous quarter.
