New York Community Bancorp Inc. (NYSE:NYCB) price on Thursday, July 11, rose 6.05% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.68.
A look at the stock’s price movement, the close in the last trading session was $3.47. Turning to its 52-week performance, $14.22 and $1.70 were the 52-week high and 52-week low respectively. Overall, NYCB moved 19.48% over the past month.
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New York Community Bancorp Inc.’s market cap currently stands at around $3.88 billion. The company has a Forward Dividend ratio of 0.40, with its dividend yield at 10.87%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NYCB is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
NYCB’s current price about 14.73% and 11.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.82, while 7-day volatility ratio is 5.12% and 5.17% in the 30-day chart. Further, New York Community Bancorp Inc. (NYCB) has a beta value of 0.99, and an average true range (ATR) of 0.17.
If we refocus on New York Community Bancorp Inc. (NYSE:NYCB), historical trading data shows that trading volumes averaged 17.17 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.05 billion shares.
The 12.97% of New York Community Bancorp Inc.’s shares are in the hands of company insiders while institutional holders own 38.62% of the company’s shares. Current price change has pushed the stock -64.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NYCB stock continues to rise going into the next quarter.