BofI Holding (BOFI) Shares are Up 0.48%

BofI Holding (BOFI) has been under a strong bear grip, hence the stock is down -5.83% 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 risen by 0.48% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.66% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 4.47%. BofI Holding, Inc. has dropped 17.43% during the last 3-month period . Year-to-Date the stock performance stands at -20.1%.


BofI Holding (NASDAQ:BOFI): stock turned positive on Friday. Though the stock opened at $16.72, the bulls momentum made the stock top out at $16.955 level for the day. The stock recorded a low of $16.6 and closed the trading day at $16.82, in the green by 0.48%. The total traded volume for the day was 1,277,400. The stock had closed at $16.74 in the previous days trading.

BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, distribution channels and affinity partners. The Bank has deposit and loan customers across the nation, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. The Bank distributes its loan products through its retail, correspondent and wholesale channels, and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.