Home  »  Industry   »  Valley National Bancorp: Analyzing VLY Stock Trend...

Valley National Bancorp: Analyzing VLY Stock Trends

The current stock price for Valley National Bancorp (VLY) is $7.93. The stock experienced a significant increase during the last trading session, reaching $7.595 after opening at $7.29. It dipped to a low of $7.15 before ultimately closing at $7.55.

Valley National Bancorp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $13.07 on 11/11/22, and the lowest price during the same period was recorded at $6.39 on 05/12/23.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


52-week price history of VLY Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Valley National Bancorp’s current trading price is -39.33% away from its 52-week high, while its distance from the 52-week low is 24.20%. The stock’s price range during this period has fluctuated between $6.39 and $13.07. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 1.36 million for the day, which was evidently lower than the average daily volume of 7.21 million over the last three months.

Financial Performance and Market Capitalization

Valley National Bancorp (VLY) has experienced a quarterly decline of -32.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.06B and boasts a workforce of 3826 employees.

Analysts’ Ratings For Valley National Bancorp

As of right now, 7 analysts are rating Valley National Bancorp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.95, with a change in price of -3.36. Similarly, Valley National Bancorp recorded 5,448,264 in trading volume during the last 100 days, posting a change of -29.96%.

VLY Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VLY stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.13.

VLY Stock Stochastic Average

Valley National Bancorp’s raw stochastic average for the past 50 days is currently at 29.99%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 43.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 33.88% and 31.30%, respectively.

VLY Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -29.89% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -35.42%. Over the past 30 days, the price of VLY has leaped by -6.92%. And in the last five days, it has surged by 18.54%.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts