UMB Financial Corp (NASDAQ:UMBF) shares, rose in value on Friday, March 07, with the stock price up by 0.30% to the previous day’s close as strong demand from buyers drove the stock to $103.07.
Actively observing the price movement in the last trading, the stock closed the session at $102.76. The PE ratio was 11.46 over 12-month period. Referring to stock’s 52-week performance, its high was $129.94, and the low was $76.00. On the whole, UMBF has fluctuated by -12.27% over the past month.
With the market capitalization of UMB Financial Corp currently standing at about $7.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.57, with its dividend yield at 1.52%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.49B, with a low estimate of 540.62M and a high estimate of 573.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 555.78M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UMBF’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.33, with the price of UMBF currently trading nearly -5.75% and -9.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.96, while the 7-day volatility ratio is showing 3.56% which for the 30-day chart, stands at 2.67%. Furthermore, UMB Financial Corp (UMBF)’s beta value is 0.71, and its average true range (ATR) is 3.25.
A comparison of UMB Financial Corp (UMBF) with its peers suggests the former has fared considerably weaker in the market. UMBF showed an intraday change of 0.30% in last session, and over the past year, it grew by 22.88%%.
Data on historical trading for UMB Financial Corp (NASDAQ:UMBF) indicates that the trading volumes over the past 3 months, they’ve averaged 690.34K. According to company’s latest data on outstanding shares, there are 72.59 million shares outstanding.
Nearly 6.41% of UMB Financial Corp’s shares belong to company insiders and institutional investors own 71.08% of the company’s shares. The stock has fallen by -8.67% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UMBF stock heading into the next quarter.
