Cathay General Bancorp (NASDAQ:CATY) shares, rose in value on Friday, July 11, with the stock price down by -0.76% to the previous day’s close as strong demand from buyers drove the stock to $48.1.
Actively observing the price movement in the last trading, the stock closed the session at $48.47, falling within a range of $47.63 and $48.33. The value of beta (5-year monthly) was 0.906 whereas the PE ratio was 12.15 over 12-month period. Referring to stock’s 52-week performance, its high was $55.29, and the low was $36.06. On the whole, CATY has fluctuated by 6.82% over the past month.
With the market capitalization of Cathay General Bancorp currently standing at about $3.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-21. The company’s Forward Dividend Ratio is 1.36, with its dividend yield at 2.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 795.97M, with a low estimate of 195.5M and a high estimate of 199.52M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 196.6M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CATY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.18, with the price of CATY currently trading nearly 5.43% and 8.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.81, while the 7-day volatility ratio is showing 1.81% which for the 30-day chart, stands at 2.20%. Furthermore, Cathay General Bancorp (CATY)’s beta value is 0.95.
A comparison of Cathay General Bancorp (CATY) with its peers suggests the former has fared considerably weaker in the market. CATY showed an intraday change of -0.76% in last session, and over the past year, it grew by 1.03%%.
Data on historical trading for Cathay General Bancorp (NASDAQ:CATY) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 423.98K. According to company’s latest data on outstanding shares, there are 70.03 million shares outstanding.
Nearly 5.37% of Cathay General Bancorp’s shares belong to company insiders and institutional investors own 75.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.65 million shares as on 2025-06-13, resulting in a short ratio of 4.57. According to the data, the short interest in Cathay General Bancorp (CATY) stood at 344.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 1.55 million. The stock has risen by 30.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CATY stock heading into the next quarter.
