Regions Financial Corp. (NYSE:RF) price is hovering lower on Tuesday, April 16, dropping -2.13% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $19.22. The company’s P/E ratio in the trailing 12-month period read 8.94. Taking into account the 52-week price action we note that the stock hit a 52-week high of $21.08 and 52-week low of $13.72. The stock subtracted -1.26% on its value in the past month.
Regions Financial Corp., which has a market valuation of $17.28 billion. The company stock has a Forward Dividend ratio of 0.92, while the dividend yield is 4.89%. 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 RF a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that RF’s price is at present -5.91% off the SMA20 and -1.88% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.66, with weekly volatility standing at 2.67%. The indicator jumps to 2.32% when calculated based on the past 30 days. Regions Financial Corp. (NYSE:RF)’s beta value is holding at 1.23, while the average true range (ATR) indicator is currently reading 0.51.
An analysis of the Regions Financial Corp. (NYSE:RF) stock in terms of its daily trading volume indicates that the 3-month average is 8.55 million.
Current records show that the company has 922.34M in outstanding shares. The insiders’ percentage holdings are 0.29% of outstanding shares while the percentage share held by institutions stands at 81.10%. But the -2.94% 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.
