Regions Financial Corp (NYSE:RF) shares, rose in value on Wednesday, May 07, with the stock price up by 0.34% to the previous day’s close as strong demand from buyers drove the stock to $20.78.
Actively observing the price movement in the last trading, the stock closed the session at $20.71. The PE ratio was 10.03 over 12-month period. Referring to stock’s 52-week performance, its high was $27.96, and the low was $17.72. On the whole, RF has fluctuated by 11.24% over the past month.
With the market capitalization of Regions Financial Corp currently standing at about $18.82 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.99, with its dividend yield at 4.76%.
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% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.21, with the price of RF currently trading nearly 3.79% and -0.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.23, while the 7-day volatility ratio is showing 2.35% which for the 30-day chart, stands at 4.27%. Furthermore, Regions Financial Corp (RF)’s beta value is 0.98, and its average true range (ATR) is 0.75.
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 0.34% in last session, and over the past year, it grew by 4.95%%.
Data on historical trading for Regions Financial Corp (NYSE:RF) indicates that the trading volumes over the past 3 months, they’ve averaged 9.45 million. According to company’s latest data on outstanding shares, there are 905.47 million shares outstanding.
Nearly 0.36% of Regions Financial Corp’s shares belong to company insiders and institutional investors own 81.66% of the company’s shares. The stock has fallen by -11.65% 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.
