Regions Financial Corp. (NYSE:RF) shares, rose in value, with the stock price up by 2.17% to the previous day’s close as strong demand from buyers drove the stock to $19.77.
Actively observing the price movement in the last trading, the stock closed the session at $19.35. The PE ratio was 10.68 over 12-month period. Referring to stock’s 52-week performance, its high was $21.08, and the low was $13.72. On the whole, RF has fluctuated by -0.90% over the past month.
The company’s Forward Dividend Ratio is 0.92, with its dividend yield at 4.65%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RF’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of RF currently trading nearly -0.07% and 2.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.21, while the 7-day volatility ratio is showing 2.78% which for the 30-day chart, stands at 2.42%. Furthermore, Regions Financial Corp. (RF)’s beta value is 1.22, and its average true range (ATR) is 0.51.
A comparison of Regions Financial Corp. (RF) with its peers suggests the former has fared considerably weaker in the market. RF showed an intraday change of 2.17% in last session, and over the past year, it grew by 8.03%%.
Data on historical trading for Regions Financial Corp. (NYSE:RF) indicates that the trading volumes over the past 3 months, they’ve averaged 8.69 million. According to company’s latest data on outstanding shares, there are 922.34 million shares outstanding.
Nearly 0.29% of Regions Financial Corp.’s shares belong to company insiders and institutional investors own 81.23% of the company’s shares. The stock has risen by 2.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RF stock heading into the next quarter.
