BankUnited (BKU) Shares are Down -0.82%

BankUnited (BKU) : During the past 4 weeks, traders have been relatively bearish on BankUnited (BKU), hence the stock is down -3.82% 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 -0.98% relative to the S&P 500. The 4-week change in the price of the stock is -4.34% and the stock has fallen -0.82% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 1.17%.The 200 Day SMA reached 6.92%


BankUnited (NYSE:BKU): After opening at $30.11, the stock dipped to an intraday low of $29.8 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.37 and the buying power remained strong till the end. The stock closed at $30.2 for the day, a gain of 0.97% for the day session. The total traded volume was 760,194. The stocks close on the previous trading day was $30.2.

BankUnited (BKU) stock is expected to deviate a maximum of $3.65 from the average target price of $35.25 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $40 and the most muted being $28.

BankUnited, Inc. is a bank holding company with one wholly owned subsidiary, BankUnited, National Association, collectively, the Company. BankUnited provides banking services to individual and corporate customers through 100 branches located in approximately 15 Florida counties and around six banking centers in the New York metropolitan area. The Companys lending focus is to serve commercial and middle-market businesses, their executives and consumers with financial products and services. It offers lending products , such as small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit, residential mortgages and consumer loans. BankUnited offers deposit products including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with various terms and rates.

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