Atlantic Union Bankshares Corp (AUB) kicked off at the price of $34.96: Venture capitalists have an exciting new opportunity

On Friday, Atlantic Union Bankshares Corp (NYSE: AUB) was -4.22% drop from the session before settling in for the closing price of $36.50. A 52-week range for AUB has been $30.43 – $44.54.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 6.63%. When this article was written, the company’s average yearly earnings per share was at 0.00%. With a float of $88.81 million, this company’s outstanding shares have now reached $89.77 million.

Considering the fact that the conglomerate employs 1804 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 207.75%, operating margin of -2.75%, and the pretax margin is 100.09%.

Atlantic Union Bankshares Corp (AUB) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atlantic Union Bankshares Corp stocks. The insider ownership of Atlantic Union Bankshares Corp is 1.08%, while institutional ownership is 75.94%. The most recent insider transaction that took place on Jun 06 ’24, was worth 158,550. In this transaction Director of this company bought 5,000 shares at a rate of $31.71, taking the stock ownership to the 47,334 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Director bought 5,000 for $31.54, making the entire transaction worth $157,700. This insider now owns 52,334 shares in total.

Atlantic Union Bankshares Corp (AUB) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.00% per share during the next fiscal year.

Atlantic Union Bankshares Corp (NYSE: AUB) Trading Performance Indicators

You can see what Atlantic Union Bankshares Corp (AUB) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45. Likewise, its price to free cash flow for the trailing twelve months is 12.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.41, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 3.15 in one year’s time.

Technical Analysis of Atlantic Union Bankshares Corp (AUB)

Compared to the last year’s volume of 0.9 million, its volume of 0.96 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.96%. Additionally, its Average True Range was 1.15.

During the past 100 days, Atlantic Union Bankshares Corp’s (AUB) raw stochastic average was set at 5.99%, which indicates a significant decrease from 13.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.79% in the past 14 days, which was lower than the 35.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.18, while its 200-day Moving Average is $36.61. Nevertheless, the first resistance level for the watch stands at $35.69 in the near term. At $36.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.10. If the price goes on to break the first support level at $34.29, it is likely to go to the next support level at $33.62. Now, if the price goes above the second support level, the third support stands at $32.88.

Atlantic Union Bankshares Corp (NYSE: AUB) Key Stats

There are 89,771K outstanding shares of the company, which has a market capitalization of 3.14 billion. As of now, sales total 1,045 M while income totals 201,820 K. Its latest quarter income was 358,810 K while its last quarter net income were 76,420 K.