BofI Holding (BOFI) : Traders are bullish on BofI Holding (BOFI) as it has outperformed the S&P 500 by a wide margin of 19.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.27%, 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 4.82% in the last 1 week, and is up 17.05% 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 4.36% and the 50-Day Moving Average is 18.17%.The 200 Day SMA reached 19.47% BofI Holding, Inc. is up 30.88% in the last 3-month period. Year-to-Date the stock performance stands at 6.32%.
BofI Holding (BOFI) : Currently there are 5 street experts covering BofI Holding (BOFI) stock. The most bullish and bearish price target for the stock is $35 and $32 respectively for the short term. The average price target of all the analysts comes to $32.9. The estimated standard deviation from the target is $1.25.
For the current week, the company shares have a recommendation consensus of Buy. BofI Holding (NASDAQ:BOFI): The stock opened at $22.09 and touched an intraday high of $22.61 on Friday. During the day, the stock corrected to an intraday low of $21.995, however, the bulls stepped in and pushed the price higher to close in the green at $22.38 with a gain of 0.77% for the day. The total traded volume for the day was 1,434,280. The stock had closed at $22.38 in the previous trading session.
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.