Webster Financial Corporation (WBS) Shares are Down -1.14%

Webster Financial Corporation (WBS) : During the past 4 weeks, traders have been relatively bearish on Webster Financial Corporation (WBS), hence the stock is down -1.68% 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 -1.31% relative to the S&P 500. The 4-week change in the price of the stock is -2.21% and the stock has fallen -1.14% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 1.97%.The 200 Day SMA reached 6.77%


Webster Financial Corporation (NYSE:WBS): After opening at $37.99, the stock dipped to an intraday low of $37.59 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.22 and the buying power remained strong till the end. The stock closed at $38.01 for the day, a gain of 1.04% for the day session. The total traded volume was 745,622. The stocks close on the previous trading day was $38.01.

Webster Financial Corporation (WBS) : 7 Wall Street analysts covering Webster Financial Corporation (WBS) believe that the average level the stock could reach for the short term is $36.21. The maximum price target given is $42 and the minimum target for short term is around $34, hence the standard deviation is calculated at $3.

Webster Financial Corporation (Webster) is a bank and financial holding company. Webster Financial Corporations principal assets include the outstanding capital stock of Webster Bank, National Association (Webster Bank). Webster, through Webster Bank and non-banking financial services subsidiaries, delivers financial services to individuals, families and businesses. Webster Bank provides commercial, small business and consumer banking, mortgage lending, financial planning, and trust and investment services through banking centers, automatic teller machines, telephone banking, mobile banking and online banking through www.websterbank.com. The Company operates in three segments: Commercial Banking, Community Banking and Other. The Community Banking consists of the Personal Banking and Business Banking operations. Commercial Banking provides lending, deposit, and treasury and payment solutions. Other segment activities consist of HSA Bank and the Private Banking operating segments.

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