Banc of California (BANC) : During the past 4 weeks, traders have been relatively bearish on Banc of California (BANC), hence the stock is down -5.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.47% relative to the S&P 500. The 4-week change in the price of the stock is -7.02% and the stock has fallen -6.98% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.9% and the 50-Day Moving Average is 4.99%.The 200 Day SMA reached 13.35% Banc of California, Inc. is up 5.81% in the last 3-month period. Year-to-Date the stock performance stands at 39.47%.
Banc of California (BANC) : 7 Wall Street analysts covering Banc of California (BANC) believe that the average level the stock could reach for the short term is $21.14. The maximum price target given is $24 and the minimum target for short term is around $16, hence the standard deviation is calculated at $2.97.
Company shares have received an average consensus rating of Hold for the current week Banc of California (NYSE:BANC): stock was range-bound between the intraday low of $20.03 and the intraday high of $20.7 after having opened at $20.53 on Fridays session. The stock finally closed in the red at $20.53, a loss of -1.26%. The stock remained in the red for the whole trading day. The total traded volume was 1,150,173 shares. The stock failed to cross $20.7 in Fridays trading. The stocks closing price on Thursday was $20.39.
Banc of California, Inc. is a financial holding company. The Company is the parent of Banc of California, National Association (the Bank), The Palisades Group, LLC (The Palisades Group) and PTB Property Holdings, LLC (PTB). The Company engages in activities permissible for bank holding companies and in other activities that are financial in nature or incidental or complementary to activities that are financial in nature, primarily securities, insurance and merchant banking activities. The Bank offers a variety of financial services to meet the banking and financial needs of the communities it serves, with operations conducted through 37 banking offices, serving San Diego, Los Angeles, and Orange counties, California and 67 loan production offices in California, Arizona, Oregon, Virginia, Indiana, Maryland, Colorado, Idaho, and Nevada.