United Community Banks Inc (NYSE:UCB) shares, rose in value on Friday, May 30, with the stock price down by -0.69% to the previous day’s close as strong demand from buyers drove the stock to $28.74.
Actively observing the price movement in the last trading, the stock closed the session at $28.94. The PE ratio was 13.62 over 12-month period. Referring to stock’s 52-week performance, its high was $35.38, and the low was $22.93. On the whole, UCB has fluctuated by 4.09% over the past month.
With the market capitalization of United Community Banks Inc currently standing at about $3.49 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.95, with its dividend yield at 3.31%.
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% 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 price of UCB currently trading nearly -0.64% and 4.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.74, while the 7-day volatility ratio is showing 2.00% which for the 30-day chart, stands at 1.78%. Furthermore, United Community Banks Inc (UCB)’s beta value is 0.80, and its average true range (ATR) is 0.72.
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 -0.69% in last session, and over the past year, it grew by 13.46%%.
Data on historical trading for United Community Banks Inc (NYSE:UCB) indicates that the trading volumes over the past 3 months, they’ve averaged 833.59K. According to company’s latest data on outstanding shares, there are 121.50 million shares outstanding.
Nearly 0.77% of United Community Banks Inc’s shares belong to company insiders and institutional investors own 84.60% of the company’s shares. The stock has fallen by -11.05% 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.
