Let’s start up with the current stock price of Silvergate Capital Corporation (SI), which is $98.75 to be very precise. The Stock rose vividly during the last session to $100.35 after opening rate of $89.88 while the lowest price it went was recorded $88.55 before closing at $86.36.
Recently in News on July 20, 2021, Silvergate Capital Corporation Announces Second Quarter 2021 Results. Silvergate Capital Corporation (“Silvergate” or “Company”) (NYSE:SI) and its wholly-owned subsidiary, Silvergate Bank (“Bank”), today announced financial results for the three and six months ended June 30, 2021. You can read further details here
Silvergate Capital Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $187.86 on 02/17/21, with the lowest value was $56.00 for the same time period, recorded on 01/21/21.
Silvergate Capital Corporation (SI) full year performance was 640.81%
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, Silvergate Capital Corporation shares are logging -47.44% during the 52-week period from high price, and 652.09% 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 $13.13 and $187.86.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1311827 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 Silvergate Capital Corporation (SI) recorded performance in the market was 32.89%, having the revenues showcasing -18.14% 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 2.62B, as it employees total of 218 workers.
Specialists analysis on Silvergate Capital Corporation (SI)
During the last month, 5 analysts gave the Silvergate Capital Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 117.13, with a change in the price was noted -28.65. In a similar fashion, Silvergate Capital Corporation posted a movement of -22.49% for the period of last 100 days, recording 1,324,524 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 SI is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
Trends and Technical analysis: Silvergate Capital Corporation (SI)
Raw Stochastic average of Silvergate Capital Corporation in the period of last 50 days is set at 47.36%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 49.20%. In the last 20 days, the company’s Stochastic %K was 20.62% and its Stochastic %D was recorded 13.04%.
Now, considering the stocks previous presentation, 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 32.89%. Additionally, trading for the stock in the period of the last six months notably improved by 43.41%, alongside a boost of 640.81% for the period of the last 12 months. The shares increased approximately by 0.50% in the 7-day charts and went down by 4.14% in the period of the last 30 days. Common stock shares were lifted by -18.14% during last recorded quarter.