Let’s look at the key reasons that are pushing Fulton Financial Corp (FULT) to new highs

Fulton Financial Corp (NASDAQ: FULT) on Friday, soared 3.03% from the previous trading day, before settling in for the closing price of $17.50. Within the past 52 weeks, FULT’s price has moved between $13.87 and $22.49.

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During the last 5-year period, the sales growth of Financial Sector giant was 12.82%. The company achieved an average annual earnings per share of 16.11%. With a float of $180.25 million, this company’s outstanding shares have now reached $182.09 million.

Let’s determine the extent of company efficiency that accounts for 3400 employees. In terms of profitability, gross margin is 104.29%, operating margin of 19.59%, and the pretax margin is 21.63%.

Fulton Financial Corp (FULT) 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 Fulton Financial Corp is 1.07%, while institutional ownership is 77.44%. The most recent insider transaction that took place on Jan 27 ’25, was worth 275,635. Before that another transaction happened on Jan 27 ’25, when Company’s President sold 13,322 for $20.69, making the entire transaction worth $275,635. This insider now owns 63,682 shares in total.

Fulton Financial Corp (FULT) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.11% per share during the next fiscal year.

Fulton Financial Corp (NASDAQ: FULT) Trading Performance Indicators

Fulton Financial Corp (FULT) 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 1.80. Likewise, its price to free cash flow for the trailing twelve months is 8.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.57, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 2.07 in one year’s time.

Technical Analysis of Fulton Financial Corp (FULT)

Looking closely at Fulton Financial Corp (NASDAQ: FULT), its last 5-days average volume was 1.27 million, which is a drop from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 20.74%. Additionally, its Average True Range was 0.61.

During the past 100 days, Fulton Financial Corp’s (FULT) raw stochastic average was set at 16.64%, which indicates a significant decrease from 29.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.02% in the past 14 days, which was lower than the 36.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.76, while its 200-day Moving Average is $18.82. However, in the short run, Fulton Financial Corp’s stock first resistance to watch stands at $18.16. Second resistance stands at $18.30. The third major resistance level sits at $18.54. If the price goes on to break the first support level at $17.78, it is likely to go to the next support level at $17.54. Now, if the price goes above the second support level, the third support stands at $17.40.

Fulton Financial Corp (NASDAQ: FULT) Key Stats

Market capitalization of the company is 3.29 billion based on 182,200K outstanding shares. Right now, sales total 1,858 M and income totals 288,740 K. The company made 480,290 K in profit during its latest quarter, and 68,620 K in sales during its previous quarter.