Hancock Holding Company (NASDAQ:HBHC) has been under a strong bear grip, hence the stock is down -1.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.54% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.83% in the last 1 week, and is up 0.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -14.57% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $31.25 and the one year low was seen on Mar 29, 2016. The 50-Day Moving Average price is $26.14 and the 200 Day Moving Average price is recorded at $24.59.
The stock has recorded a 20-day Moving Average of 2.19% and the 50-Day Moving Average is 1.63%.
Hancock Holding Company (NASDAQ:HBHC): stock turned positive on Friday. Though the stock opened at $26.07, the bulls momentum made the stock top out at $26.4 level for the day. The stock recorded a low of $25.89 and closed the trading day at $26.21, in the green by 2.34%. The total traded volume for the day was 1,031,323. The stock had closed at $25.61 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President – Whitney Bank) of Hancock Holding Co, Exnicios Joseh S, had purchased 1,075 shares in a transaction dated on May 5, 2016. The transaction was executed at $24.41 per share with total amount equaling $26,241.
Hancock Holding Company (Hancock) is a financial services company that provides a network of service financial choices to the Gulf South region through its bank subsidiary, Whitney Bank, a Mississippi state bank. Whitney Bank operates under brands: Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas. The Bank operates across the Gulf South region consisting of southern Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and panhandle regions of Florida, and Houston, Texas. The Bank offers a range of traditional and online community banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, investment brokerage services, secured and unsecured loan products, and letters of credit and financial guarantees. It also provides trust and investment management services to retirement plans, corporations and individuals.