Fulton Financial Corporation (FULT) : Traders are bullish on Fulton Financial Corporation (FULT) as it has outperformed the S&P 500 by a wide margin of 2.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.44% in the last 1 week, and is up 4.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Fulton Financial Corporation (NASDAQ:FULT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.75 and $13.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.12, notching a gain of 3.52% for the day. The total traded volume was 836,758 . The stock had closed at $13.64 on the previous day.
The stock has recorded a 20-day Moving Average of 2.9% and the 50-Day Moving Average is 3.36%. Fulton Financial Corporation is up 6.42% in the last 3-month period. Year-to-Date the stock performance stands at 10.1%.
Fulton Financial Corporation (FULT) : The most positive equity analysts on Fulton Financial Corporation (FULT) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $13.25 with an expected fluctuation of $0.5 from the mean.
Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its six wholly owned banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. In addition, the Company owns the non-bank subsidiaries, such as Fulton Reinsurance Company, LTD, Fulton Financial Realty Company, Central Pennsylvania Financial Corp., FFC Management, Inc., FFC Penn Square, Inc. and Fulton Insurance Services Group, Inc. The Company offers, through its banking subsidiaries, a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.