Valley National Bancorp (VLY) volume exceeds 7.61 million: A new investment opportunity for investors

On Monday, Valley National Bancorp (NASDAQ: VLY) was -1.36% drop from the session before settling in for the closing price of $10.31. A 52-week range for VLY has been $6.47 – $11.10.

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

It was noted that within the last five years, the titan of the Financial sector saw sales topped by 21.96%. When this article was written, the company’s average yearly earnings per share was at 54.05%. With a float of $549.66 million, this company’s outstanding shares have now reached $558.60 million.

The extent of productivity of a business whose workforce counts for 3749 workers is very important to gauge. In terms of profitability, gross margin is 117.13%, operating margin of 14.8%, and the pretax margin is 16.22%.

Valley National Bancorp (VLY) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Valley National Bancorp stocks. The insider ownership of Valley National Bancorp is 1.59%, while institutional ownership is 62.50%. The most recent insider transaction that took place on Feb 06 ’25, was worth 4,184,389. Before that another transaction happened on Jan 30 ’25, when Company’s SEVP, CML Banking President sold 50,000 for $10.40, making the entire transaction worth $520,000. This insider now owns 445,249 shares in total.

Valley National Bancorp (VLY) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 54.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.56% during the next five years compared to -4.61% drop over the previous five years of trading.

Valley National Bancorp (NASDAQ: VLY) Trading Performance Indicators

You can see what Valley National Bancorp (VLY) 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 1.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.69, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.16 in one year’s time.

Technical Analysis of Valley National Bancorp (VLY)

The latest stats from [Valley National Bancorp, VLY] show that its last 5-days average volume of 8.27 million was inferior to 9.08 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.00%. Additionally, its Average True Range was 0.30.

During the past 100 days, Valley National Bancorp’s (VLY) raw stochastic average was set at 63.94%, which indicates a significant decrease from 64.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.56% in the past 14 days, which was lower than the 36.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.81, while its 200-day Moving Average is $8.62. Now, the first resistance to watch is $10.33. This is followed by the second major resistance level at $10.49. The third major resistance level sits at $10.57. If the price goes on to break the first support level at $10.08, it is likely to go to the next support level at $10.00. Assuming the price breaks the second support level, the third support level stands at $9.84.

Valley National Bancorp (NASDAQ: VLY) Key Stats

There are 509,368K outstanding shares of the company, which has a market capitalization of 5.68 billion. As of now, sales total 3,582 M while income totals 380,270 K. Its latest quarter income was 886,030 K while its last quarter net income were 115,710 K.