A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -28.45% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -12.50%. Over the past 30 days, the price of VLY has leaped by -6.72%. And in the last five days, it has fallen by -1.15%.
Valley National Bancorp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $11.22 on 12/18/23, while the lowest value for the same period was recorded at $6.39 on 05/12/23.
52-week price history of VLY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Valley National Bancorp’s current trading price is -30.75% away from its 52-week high, while its distance from the 52-week low is 21.69%. The stock’s price range during this period has varied between$6.39 and $11.22. The Valley National Bancorp’s shares, which operate in the Financial, saw a trading volume of around 7.12 million for the day, a figure considerably higher than their average daily volume of 6.11 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Valley National Bancorp (VLY) has experienced a quarterly decline of -29.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.95B and boasts a workforce of 3749 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.16, with a change in price of +0.02. Similarly, Valley National Bancorp recorded 5,176,770 in trading volume during the last 100 days, posting a change of +0.26%.
VLY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VLY stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.38.
VLY Stock Stochastic Average
Valley National Bancorp’s raw stochastic average for the past 50 days is presently 18.27%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 45.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.81% and 28.43%, respectively.
