Company Stock Price of Hope Bancorp, Inc. (HOPE) Decreases -1.11%

Hope Bancorp, Inc. s trend and data analysis indicates that the stock price has dropped -7.91% 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 18.02% . Looking at the past 52 week period, the stock price is up at 32.94% . 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 Hope Bancorp, Inc. has a positive value of 33.87 compared to overall market.Hope Bancorp, Inc. is having a Relative Strength Index of 39.43 which indicates the stock is not yet over sold or over bought based on the technical indicators.

Hope Bancorp, Inc. (NASDAQ:HOPE) has tumbled 1.11% during the past week and has dropped 5.22% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.34%. Hope Bancorp, Inc. (NASDAQ:HOPE) has underperformed the index by 6.3% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Company shares have received an average consensus rating of Hold for the current week Hope Bancorp, Inc. (NASDAQ:HOPE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.14 points or 0.68% at $20.5 with 1,668,517 shares getting traded. Post opening the session at $20.49, the shares hit an intraday low of $20.23 and an intraday high of $20.64 and the price was in this range throughout the day. The company has a market cap of $2,772 million and the number of outstanding shares has been calculated to be 135,242,760 shares. The 52-week high of Hope Bancorp, Inc. (NASDAQ:HOPE) is $22.99 and the 52-week low is $13.99.

Hope Bancorp Inc. operates as the bank holding company which provides commercial banking services primarily to small- to medium-sized businesses and individuals primarily in the United States. Its product and services consists of deposits, loans, equipment lease financing and postdated check discount as well as factoring. The company operates primarily in California, New York, New Jersey, Washington and Illinois. Hope Bancorp, Inc., formerly known as BBCN Bancorp, Inc., is headquartered in Los Angeles, California.

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