Associated Banc-Corp (NYSE:ASB) shares, rose in value on Friday, March 28, with the stock price down by -1.50% to the previous day’s close as strong demand from buyers drove the stock to $22.38.
Actively observing the price movement in the last trading, the stock closed the session at $22.72, falling within a range of $22.115 and $22.845. The value of beta (5-year monthly) was 0.887 whereas the PE ratio was 28.82 over 12-month period. Referring to stock’s 52-week performance, its high was $28.18, and the low was $19.76. On the whole, ASB has fluctuated by -9.43% over the past month.
With the market capitalization of Associated Banc-Corp currently standing at about $3.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-22. The company’s Forward Dividend Ratio is 0.90, with its dividend yield at 4.02%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ASB’s technical picture suggests that short-term indicators denote the stock is a 100% 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 price of ASB currently trading nearly -0.78% and -6.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.27, while the 7-day volatility ratio is showing 2.44% which for the 30-day chart, stands at 3.05%. Furthermore, Associated Banc-Corp (ASB)’s beta value is 0.77, and its average true range (ATR) is 0.67.
A comparison of Associated Banc-Corp (ASB) with its peers suggests the former has fared considerably weaker in the market. ASB showed an intraday change of -1.50% in last session, and over the past year, it grew by 9.06%%.
Data on historical trading for Associated Banc-Corp (NYSE:ASB) indicates that the trading volumes over the past 10 days have averaged 1.67 and over the past 3 months, they’ve averaged 1.59 million. According to company’s latest data on outstanding shares, there are 166.18 million shares outstanding.
Nearly 1.08% of Associated Banc-Corp’s shares belong to company insiders and institutional investors own 87.16% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.2 million shares as on 2025-03-14, resulting in a short ratio of 2.57. According to the data, the short interest in Associated Banc-Corp (ASB) stood at 289.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.95 million. The stock has fallen by -6.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ASB stock heading into the next quarter.
