Astoria Financial Corporation (AF) : Traders are bullish on Astoria Financial Corporation (AF) as it has outperformed the S&P 500 by a wide margin of 5.53% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.51%, 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 5.04% in the last 1 week, and is up 5.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.48% and the 50-Day Moving Average is 5.12%.The 200 Day SMA reached 2.83%. Astoria Financial Corporation has dropped 1.61% during the last 3-month period . Year-to-Date the stock performance stands at -0.59%.
Astoria Financial Corporation (NYSE:AF): After opening at $15.41, the stock dipped to an intraday low of $15.36 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.63 and the buying power remained strong till the end. The stock closed at $15.63 for the day, a gain of 1.56% for the day session. The total traded volume was 326,408. The stocks close on the previous trading day was $15.39.
Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Companys principal business includes the operation of its wholly owned subsidiary, Astoria Bank. Astoria Banks business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one-to-four family, or residential, mortgage loans, and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, Government agency and Government-sponsored enterprise (GSE), securities and other investments.