For the readers interested in the stock health of Associated Banc-Corp (ASB). It is currently valued at $14.30. When the transactions were called off in the previous session, Stock hit the highs of $14.60, after setting-off with the price of $14.20. Company’s stock value dipped to $13.90 during the trading on the day. When the trading was stopped its value was $14.24.
Recently in News on October 22, 2020, Associated Banc-Corp Reports Third Quarter 2020 Earnings of $0.26 Per Common Share Including Restructuring Charges and Tax Benefits. Associated Banc-Corp (NYSE: ASB) (“Associated” or “Company”) today reported net income available to common equity (“earnings”) of $40 million, or $0.26 per common share, for the quarter ended September 30, 2020. Third quarter earnings, excluding restructuring charges and tax benefits, were $0.24 per common share1. These amounts compare to net income available to common equity of $80 million, or $0.49 per common share for the quarter ended September 30, 2019. You can read further details here
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Associated Banc-Corp had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.13 on 01/02/20, with the lowest value was $10.23 for the same time period, recorded on 03/23/20.
Associated Banc-Corp (ASB) full year performance was -29.52%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Associated Banc-Corp shares are logging -36.73% during the 52-week period from high price, and 39.78% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $10.23 and $22.60.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1872661 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Associated Banc-Corp (ASB) recorded performance in the market was -35.12%, having the revenues showcasing 8.01% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.19B, as it employees total of 4669 workers.
Associated Banc-Corp (ASB) in the eye of market guru’s
During the last month, 0 analysts gave the Associated Banc-Corp a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.57, with a change in the price was noted -0.61. In a similar fashion, Associated Banc-Corp posted a movement of -4.09% for the period of last 100 days, recording 1,326,246 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ASB is recording 0.42 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.42.
Associated Banc-Corp (ASB): Stocks Technical analysis and Trends
Raw Stochastic average of Associated Banc-Corp in the period of last 50 days is set at 88.30%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.61%. In the last 20 days, the company’s Stochastic %K was 82.15% and its Stochastic %D was recorded 74.08%.
If we look into the earlier routines of Associated Banc-Corp, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -35.12%. Additionally, trading for the stock in the period of the last six months notably improved by 8.33%, alongside a downfall of -29.52% for the period of the last 12 months. The shares increased approximately by 4.53% in the 7-day charts and went down by 16.93% in the period of the last 30 days. Common stock shares were driven by 8.01% during last recorded quarter.