Currently, the stock price of PacWest Bancorp (PACW) is $8.19. In the most recent trading session, the stock underwent a significant upswing, peaking at $8.19 after opening at $8.10. The stock touched a low of $7.83 before closing at $8.04.
PacWest Bancorp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $30.07 on 02/03/23, and the lowest price during that time was $2.48, recorded on 05/04/23.
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52-week price history of PACW Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. PacWest Bancorp’s current trading price is -72.76% away from its 52-week high, while its distance from the 52-week low is 230.24%. The stock’s price range during this period has fluctuated between $2.48 and $30.07. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 0.87 million for the day, which was evidently lower than the average daily volume of 8.05 million over the last three months.
Financial Performance and Market Capitalization
PacWest Bancorp (PACW) has experienced a quarterly rise of 1.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 948.57M and boasts a workforce of 2438 employees.
Analysts’ Ratings For PacWest Bancorp
As of right now, 4 analysts are rating PacWest Bancorp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 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 7.95, with a change in price of -3.10. Similarly, PacWest Bancorp recorded 18,765,664 in trading volume during the last 100 days, posting a change of -27.50%.
PACW 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 PACW stands at 2.90. Similarly, the long-term debt-to-equity ratio is also 2.90.
PACW Stock Stochastic Average
The raw stochastic average for PacWest Bancorp over the last 50 days is presently at 21.63%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 86.08%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.55% and 69.13%, respectively.
PACW Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -64.31%. However, over the past six months, we’ve seen a stronger performance of -27.97%. The price of PACW fallen by 1.87% over the last 30 days. And in the last five days, it has surged by 6.78%.