Stock price performance of Banc of California, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 17.63% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -25.45% . Looking at the past 52 week period, the stock price is up at 9.22% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Banc of California, Inc. has a negative value of -0.86 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 10.9% and the 50-Day Moving Average is 8.42%.The 200 Day SMA reached 19.24%
Banc of California, Inc. is having a Relative Strength Index of 53.43 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Banc of California, Inc. (NYSE:BANC) rallied by 10.47% during the past week but lost 5.76% on a 4-week basis. The company has outperformed the S&P 500 by 10.34% in the past week but underperformed the index by 6.6% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Oct 4, 2016, Jeffrey T Seabold (EXECUTIVE VICE PRESIDENT) sold 39,919 shares at 17.63 per share price.On Aug 18, 2016, Steven Sugarman (CEO AND CHAIRMAN OF BOARD) purchased 338 shares at 21.96 per share price.On Dec 18, 2015, J. Francisco A. Turner (EVP, CHIEF STRATEGY OFFICER) sold 2,800 shares at 14.03 per share price.
Banc of California Inc Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.49.Analysts expectations of $ 153.90.During the same quarter in the previous year, the company posted $0.39 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Banc of California Inc was Upgraded by FBR & Co. on Jan 26, 2017 to Outperform, Price Target of the shares are set at $22.Banc of California Inc was Upgraded by FIG Partners to Market Perform on Jan 23, 2017. Banc of California Inc was Downgraded by Wells Fargo to Market Perform on Nov 14, 2016.
Banc of California, Inc. (NYSE:BANC) : On Friday heightened volatility was witnessed in Banc of California, Inc. (NYSE:BANC) which led to swings in the share price. The stock opened for trading at $16.05 and hit $16.35 on the upside , eventually ending the session at $16.35, with a gain of 3.48% or 0.55 points. The heightened volatility saw the trading volume jump to 2,161,362 shares. The 52-week high of the share price is $23.235 and the company has a market cap of $813 million. The 52-week low of the share price is at $10.93 .
Banc of California, Inc. provides comprehensive banking services to Californias diverse private businesses, entrepreneurs and homeowners. It is the parent company of Banc of California, National Association.