Is New York Community Bancorp Inc. (NYSE: NYCB) Doomed To Fail?

The trading price of New York Community Bancorp Inc. (NYSE:NYCB) closed higher on Tuesday, May 14, closing at $3.89, 4.85% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $14.22 and a 52-week low of $1.70. Over the past month, the stock has gained 33.68% in value.

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New York Community Bancorp Inc., whose market valuation is $3.13 billion at the time of this writing. The dividend yield on the company stock is 10.03%, while its Forward Dividend ratio is 0.39. Investors’ optimism about the company’s current quarter earnings report is understandable.

A quick review shows that NYCB’s price is currently 20.47% off the SMA20 and 18.37% off the SMA50. The RSI metric on the 14-day chart is currently showing 62.90, and weekly volatility stands at 5.49%. When measured over the past 30 days, the indicator reaches 6.03%. New York Community Bancorp Inc. (NYSE:NYCB)’s beta value is currently sitting at 0.98, while the Average True Range indicator is currently displaying 0.24.

To see how New York Community Bancorp Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: NYCB stock’s performance was 4.85% in the latest trading, and -61.45% in the past year.

An evaluation of the daily trading volume of New York Community Bancorp Inc. (NYSE:NYCB) indicates that the 3-month average is 31.37 million.

Currently, records show that 804.27 million of the company’s shares remain outstanding. The insiders hold 9.55% of outstanding shares, whereas institutions hold 49.97%. However, since the stock’s price has seen -61.97% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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