Fulton Financial Corp (NASDAQ:FULT) shares, rose in value on Friday, May 09, with the stock price down by -0.40% to the previous day’s close as strong demand from buyers drove the stock to $17.44.
Actively observing the price movement in the last trading, the stock closed the session at $17.51. The PE ratio was 10.25 over 12-month period. Referring to stock’s 52-week performance, its high was $22.49, and the low was $14.32. On the whole, FULT has fluctuated by 7.19% over the past month.
With the market capitalization of Fulton Financial Corp currently standing at about $3.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.70, with its dividend yield at 4.01%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FULT’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 50% 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 0.76, with the price of FULT currently trading nearly 5.19% and 1.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.23, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 3.25%. Furthermore, Fulton Financial Corp (FULT)’s beta value is 0.80, and its average true range (ATR) is 0.56.
A comparison of Fulton Financial Corp (FULT) with its peers suggests the former has fared considerably weaker in the market. FULT showed an intraday change of -0.40% in last session, and over the past year, it grew by 2.23%%.
Data on historical trading for Fulton Financial Corp (NASDAQ:FULT) indicates that the trading volumes over the past 3 months, they’ve averaged 1.43 million. According to company’s latest data on outstanding shares, there are 182.20 million shares outstanding.
Nearly 1.21% of Fulton Financial Corp’s shares belong to company insiders and institutional investors own 76.98% of the company’s shares. The stock has fallen by -9.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FULT stock heading into the next quarter.
