At the end of the latest market close, Sterling Bancorp (STL) was valued at $20.92. In that particular session, Stock kicked-off at the price of $20.78 while reaching the peak value of $21.125 and lowest value recorded on the day was $20.55. The stock current value is $20.27.
Recently in News on January 11, 2021, Sterling Bancorp Announces Senior Management Changes; Luis Massiani to Transition to COO, Bea Ordonez to Join as CFO. Sterling Bancorp (NYSE: STL), parent company of Sterling National Bank (the “Bank”), announced today that Luis Massiani will transition to the role of Chief Operating Officer of the Company and continue his position as President of the Bank. Luis will maintain his duties as CFO of the Company and the Bank through February 28, 2021, at which time he will fully transition to COO of the Company. In connection with Luis’ transition, Bea Ordonez has joined the organization as Executive Vice President and will assume the role of CFO of both the Company and the Bank effective as of March 1, 2021. Upon assuming the role of CFO, Bea will oversee all aspects of financial management for the Company and the Bank. You can read further details here
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Sterling Bancorp had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.13 on 01/12/21, with the lowest value was $17.54 for the same time period, recorded on 01/04/21.
Sterling Bancorp (STL) full year performance was 1.26%
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, Sterling Bancorp shares are logging -4.18% during the 52-week period from high price, and 189.44% 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 $7.01 and $21.16.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2703822 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sterling Bancorp (STL) recorded performance in the market was 16.35%, having the revenues showcasing 68.57% 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 4.11B, as it employees total of 1639 workers.
Analysts verdict on Sterling Bancorp (STL)
During the last month, 10 analysts gave the Sterling Bancorp a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 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 14.36, with a change in the price was noted +8.84. In a similar fashion, Sterling Bancorp posted a movement of +76.36% for the period of last 100 days, recording 3,013,207 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 STL is recording 0.13 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.13.
Sterling Bancorp (STL): Technical Analysis
Raw Stochastic average of Sterling Bancorp in the period of last 50 days is set at 91.31%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 82.33%. In the last 20 days, the company’s Stochastic %K was 91.25% and its Stochastic %D was recorded 91.36%.
Let’s take a glance in the erstwhile performances of Sterling Bancorp, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 16.35%. Additionally, trading for the stock in the period of the last six months notably improved by 104.70%, alongside a boost of 1.26% for the period of the last 12 months. The shares increased approximately by 14.63% in the 7-day charts and went down by 20.58% in the period of the last 30 days. Common stock shares were driven by 68.57% during last recorded quarter.