Fulton Financial Corporation (FULT) has risen sharply, recording gains of 0.28% in the past 4 weeks. However, the stock has corrected -1.22% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.82% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 3.58%.The 200 Day SMA reached 9.28%
Fulton Financial Corporation (NASDAQ:FULT): After opening at $14.36, the stock dipped to an intraday low of $14.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.59 and the buying power remained strong till the end. The stock closed at $14.52 for the day, a gain of 1.47% for the day session. The total traded volume was 962,718. The stocks close on the previous trading day was $14.52.
Fulton Financial Corporation (FULT) stock is expected to deviate a maximum of $1.3 from the average target price of $13.8 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $16 and the most muted being $13.
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.