New York Community Bancorp Inc. (NYSE:NYCB) price is hovering lower on Tuesday, April 16, dropping -0.40% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.91. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.22 and 52-week low of $1.70. The stock subtracted -25.68% on its value in the past month.
New York Community Bancorp Inc., which has a market valuation of $2.31 billion. The company stock has a Forward Dividend ratio of 0.56, while the dividend yield is 19.32%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NYCB a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that NYCB’s price is at present -11.04% off the SMA20 and -24.99% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.19, with weekly volatility standing at 6.40%. The indicator jumps to 6.04% when calculated based on the past 30 days. New York Community Bancorp Inc. (NYSE:NYCB)’s beta value is holding at 0.92, while the average true range (ATR) indicator is currently reading 0.27.
An analysis of the New York Community Bancorp Inc. (NYSE:NYCB) stock in terms of its daily trading volume indicates that the 3-month average is 41.07 million.
Current records show that the company has 797.92M in outstanding shares. The insiders’ percentage holdings are 7.23% of outstanding shares while the percentage share held by institutions stands at 55.17%. But the -71.67% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
