Witnessing the stock’s movement on the chart, on Wednesday, SouthState Corporation (NYSE: SSB) had a quiet start as it plunged -5.49% to $100.63, before settling in for the price of $106.47 at the close. Taking a more long-term approach, SSB posted a 52-week range of $70.68-$114.26.
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It was noted that the giant of the Financial sector posted annual sales growth of 26.81% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 5.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.92%. This publicly-traded company’s shares outstanding now amounts to $76.27 million, simultaneously with a float of $75.52 million. The organization now has a market capitalization sitting at $7.68 billion. At the time of writing, stock’s 50-day Moving Average stood at $104.43, while the 200-day Moving Average is $89.61.
SouthState Corporation (SSB) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. SouthState Corporation’s current insider ownership accounts for 1.01%, in contrast to 90.12% institutional ownership. According to the most recent insider trade that took place on Dec 02 ’24, this organization’s Chief Operating Officer sold 6,904 shares at the rate of 110.00, making the entire transaction reach 759,440 in total value, affecting insider ownership by 29,365.
SouthState Corporation (SSB) Earnings and Revenue Records
SouthState Corporation’s EPS increase for this current 12-month fiscal period is 4.92% and is forecasted to reach 6.16 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the 5.85% growth it accomplished over the previous five years trading on the market.
SouthState Corporation (NYSE: SSB) Trading Performance Indicators
Let’s observe the current performance indicators for SouthState Corporation (SSB). The Stock has managed to achieve an average true range (ATR) of 3.11. Alongside those numbers, its PE Ratio stands at $15.51, and its Beta score is 0.68. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.21.
In the same vein, SSB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.49, a figure that is expected to reach 1.66 in the next quarter, and analysts are predicting that it will be 6.16 at the market close of one year from today.
Technical Analysis of SouthState Corporation (SSB)
Going through the that latest performance of [SouthState Corporation, SSB]. Its last 5-days volume of 0.61 million indicated improvement to the volume of 0.49 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 16.87% While, its Average True Range was 3.24.
Raw Stochastic average of SouthState Corporation (SSB) in the period of the previous 100 days is set at 53.57%, which indicates a major rise in contrast to 3.23% 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 27.86% that was lower than 35.57% volatility it exhibited in the past 100-days period.
