Atlantic Union Bankshares Corp (AUB) soared 6.62 in the last month: It’s impossible to believe the numbers

On Monday, Atlantic Union Bankshares Corp (NYSE: AUB) was 6.62% up from the session before settling in for the closing price of $29.29. A 52-week range for AUB has been $22.85 – $44.54.

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Annual sales at Financial sector company grew by 11.82% over the past five years. When this article was written, the company’s average yearly earnings per share was at 14.89%. With a float of $140.44 million, this company’s outstanding shares have now reached $142.47 million.

Let’s look at the performance matrix of the company that is accounted for 2125 employees. In terms of profitability, gross margin is 113.14%, operating margin of -0.32%, and the pretax margin is 24.01%.

Atlantic Union Bankshares Corp (AUB) Insider Updates

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 1.42%, while institutional ownership is 60.85%. 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

According to the Wall Street analysts, stocks earnings will be around 14.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.25% during the next five years compared to -1.43% drop over the previous five years of trading.

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 3.19. Likewise, its price to free cash flow for the trailing twelve months is 14.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.18, a number that is poised to hit 0.80 in the next quarter and is forecasted to reach 3.83 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 1.47 million, a negative change from its year-to-date volume of 1.52 million. As of the previous 9 days, the stock’s Stochastic %D was 89.64%. Additionally, its Average True Range was 1.13.

During the past 100 days, Atlantic Union Bankshares Corp’s (AUB) raw stochastic average was set at 45.94%, which indicates a significant decrease from 93.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.72% in the past 14 days, which was lower than the 42.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.30, while its 200-day Moving Average is $36.21. Nevertheless, the first resistance level for the watch stands at $31.62 in the near term. At $32.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.42. If the price goes on to break the first support level at $30.82, it is likely to go to the next support level at $30.42. Assuming the price breaks the second support level, the third support level stands at $30.02.

Atlantic Union Bankshares Corp (NYSE: AUB) Key Stats

There are 90,149K outstanding shares of the company, which has a market capitalization of 4.45 billion. As of now, sales total 1,346 M while income totals 209,130 K. Its latest quarter income was 335,000 K while its last quarter net income were 49,820 K.