East West Bancorp, Inc. stock performance trend indicates that the stock price has rallied 6.4% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 49.06% . Looking at the past 52 week period, the stock price is up at 64.23% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of East West Bancorp, Inc. has a positive value of 37.21 compared to overall market.East West Bancorp, Inc. is having a Relative Strength Index of 56.05 which indicates the stock is not yet over sold or over bought based on the technical indicators.
East West Bancorp, Inc. (NASDAQ:EWBC) has tumbled 0.18% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.69% in the last four weeks. The stocks have underperformed the S&P 500 by 0.42% during the past week but East West Bancorp, Inc. (NASDAQ:EWBC) it has outperformed the index in 4 weeks by 0.53%.
For the current week, the company shares have a recommendation consensus of Buy. East West Bancorp, Inc. (NASDAQ:EWBC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.18% at $54.72 with 1,500,179 shares getting traded. Post opening the session at $54.82, the shares hit an intraday low of $53.96 and an intraday high of $54.95 and the price was in this range throughout the day. The company has a market cap of $7,889 million and the number of outstanding shares has been calculated to be 144,167,660 shares. The 52-week high of East West Bancorp, Inc. (NASDAQ:EWBC) is $56.97 and the 52-week low is $31.34.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.East West Bancorp was Downgraded by Raymond James to Underperform on Mar 16, 2017.
Company has reported several Insider transactions to the SEC, on Mar 9, 2017, Douglas Paul Krause (Executive Vice President) sold 15,000 shares at 54.55 per share price.On Mar 9, 2017, Herman Y Li (director) sold 3,200 shares at 55.50 per share price.On Mar 8, 2017, Jack C Liu (director) sold 2,667 shares at 55.00 per share price.
East West Bancorp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.71.Analysts expectations of $ 304.59.During the same quarter in the previous year, the company posted $0.63 EPS.
East West Bancorp, Inc. is the holding company for East West Bank, East West Capital Trust I, East West Capital Trust II and Risk Services, Inc.