United Community Banks Inc (NYSE:UCB) shares, rose in value on Friday, January 03, with the stock price up by 1.01% to the previous day’s close as strong demand from buyers drove the stock to $31.85.
Actively observing the price movement in the last trading, the stock closed the session at $31.53, falling within a range of $31.13 and $31.96. The value of beta (5-year monthly) was 0.9 whereas the PE ratio was 20.79 over 12-month period. Referring to stock’s 52-week performance, its high was $35.38, and the low was $24.04. On the whole, UCB has fluctuated by -5.71% over the past month.
With the market capitalization of United Community Banks Inc currently standing at about $3.80 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.94, with its dividend yield at 2.95%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UCB’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 20.79, with the price of UCB currently trading nearly -2.32% and -0.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.03, while the 7-day volatility ratio is showing 2.36% which for the 30-day chart, stands at 2.45%. Furthermore, United Community Banks Inc (UCB)’s beta value is 0.94, and its average true range (ATR) is 0.82.
A comparison of United Community Banks Inc (UCB) with its peers suggests the former has fared considerably weaker in the market. UCB showed an intraday change of 1.01% in last session, and over the past year, it grew by 13.63%%.
Data on historical trading for United Community Banks Inc (NYSE:UCB) indicates that the trading volumes over the past 10 days have averaged 0.82 and over the past 3 months, they’ve averaged 637.31K. According to company’s latest data on outstanding shares, there are 119.28 million shares outstanding.
Nearly 0.71% of United Community Banks Inc’s shares belong to company insiders and institutional investors own 82.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.14 million shares as on 2024-12-13, resulting in a short ratio of 4.96. According to the data, the short interest in United Community Banks Inc (UCB) stood at 357.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 1.94 million. The stock has fallen by -1.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UCB stock heading into the next quarter.
