Flagstar Financial Inc. (NYSE:FLG) does about 6.29M shares in volume on a normal day but saw 8103994 shares change hands in the recent trading day. The company now has a market cap of 4.41B USD. Its current market price is $10.61, marking an increase of 0.57% compared to the previous close of $10.55. The 52 week high reached by this stock is $34.47 whilst the lowest price level in 52 weeks is $5.10.
Flagstar Financial Inc. (FLG) has a 20-day trading average at $11.37 and the current price is -69.22% off the 52-week high compared with 108.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.11 and its 200-day simple moving average is $11.98. If we look at the stock’s price movements over the week, volatility stands at 5.71%, which decreases to 4.28% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 40.13 to suggest the stock is neutral.
The consensus objective for the share price is $12.21, suggesting that the stock has a potential upside of 13.1% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 26, 2024 when Barclays upgraded the stock to “Overweight” and issued a price target of $14. Wedbush also upgraded the stock to “Neutral” from Underperform on May 01, 2024 at a price target of $3-$3.50. Piper Sandler upgraded its price target at $4.
The current price level is -6.66%, -4.49%, and -11.44% away from its SMA20, SMA50, and SMA200 respectively, with the FLG price moving above the 50-day SMA on current market day. Flagstar Financial Inc. (FLG) stock is down -9.24% over the week and -7.42% over the past month. Its price is -65.43% year-to-date and -64.17% over the past year.
To reach the target analysts have set, the stock logically needs to grow 13.1 percent from here.
The company has a return on investment of -12.63% and return on equity of -36.96%. The beta has a value of 0.99. Price to book ratio is 0.55 and price to sales ratio is 0.68.
