Atlantic Union Bankshares Corp (NYSE: AUB) on Tuesday, soared 3.14% from the previous trading day, before settling in for the closing price of $36.99. Within the past 52 weeks, AUB’s price has moved between $30.43 and $44.54.
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Annual sales at Financial sector company grew by 11.82% over the past five years. The company achieved an average annual earnings per share of 27.08%. With a float of $88.77 million, this company’s outstanding shares have now reached $89.77 million.
Let’s look at the performance matrix of the company that is accounted for 2125 employees. 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) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Atlantic Union Bankshares Corp is 1.11%, while institutional ownership is 77.71%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.08% per share during the next fiscal year.
Atlantic Union Bankshares Corp (NYSE: AUB) Trading Performance Indicators
Atlantic Union Bankshares Corp (AUB) 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 2.54. Likewise, its price to free cash flow for the trailing twelve months is 13.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.29, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 4.11 in one year’s time.
Technical Analysis of Atlantic Union Bankshares Corp (AUB)
Atlantic Union Bankshares Corp (NYSE: AUB) saw its 5-day average volume 0.85 million, a negative change from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 68.11%. Additionally, its Average True Range was 1.16.
During the past 100 days, Atlantic Union Bankshares Corp’s (AUB) raw stochastic average was set at 37.29%, which indicates a significant decrease from 67.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.33% in the past 14 days, which was lower than the 36.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.15, while its 200-day Moving Average is $36.94. Nevertheless, the first resistance level for the watch stands at $38.67 in the near term. At $39.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.00. If the price goes on to break the first support level at $37.34, it is likely to go to the next support level at $36.54. Assuming the price breaks the second support level, the third support level stands at $36.01.
Atlantic Union Bankshares Corp (NYSE: AUB) Key Stats
Market capitalization of the company is 3.42 billion based on 89,771K outstanding shares. Right now, sales total 1,346 M and income totals 209,130 K. The company made 354,430 K in profit during its latest quarter, and 57,790 K in sales during its previous quarter.
