Flagstar Financial Inc (NYSE:FLG) currently has a daily average trading volume of 6.04M but it saw 11122510 shares traded in last market. With a market cap of 3.91B USD, the company’s current market price of $9.43 came falling about -5.70 while comparing to the previous closing price of $10.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.55 and as low as $5.10. In the recent trading on the day, stock has struck highest price mark of $9.39 while lowest mark touched by it was $10.35.
Taking a look at 20-day trading activity of Flagstar Financial Inc (FLG) gives us an average price of $11.26, while its current price level is -71.03% below from 52-week high level whereas it is 84.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.21 while that of 200 days or SMA-200 reads an average of $10.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.09% during that period while stretching the period over a month that decreases to 4.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 27.22 which implies that the stock is in oversold territory.
Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on September 26, 2024 while assigning a price target of $14. Wedbush issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $3 and $3.50.
Over the week, FLG’s stock price is moving -16.47% down while it is -13.41% when we observe its performance for the past one month. Year-to-date it is -69.27% down and over the past year, the stock is showing a downside performance of -70.18%.
Currently, Flagstar Financial Inc’s total number of outstanding shares is 415.26M. Company’s return on investment (ROI) stands at -15.08% and return on equity (ROE) at -36.96%. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 0.49 while price to sale or P/S ratio amounts to 0.61. Its return on asset (ROA) is -3.21% on average.
