Flagstar Financial Inc (NYSE:FLG) currently has a daily average trading volume of 6.30M but it saw 3671016 shares traded in last market. With a market cap of 3.82B USD, the company’s current market price of $9.20 came falling about -2.95 while comparing to the previous closing price of $9.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.56 and as low as $5.10. In the recent trading on the day, stock has struck highest price mark of $9.15 while lowest mark touched by it was $9.43.
Taking a look at 20-day trading activity of Flagstar Financial Inc (FLG) gives us an average price of $9.24, while its current price level is -70.85% below from 52-week high level whereas it is 80.39% 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 $10.44 while that of 200 days or SMA-200 reads an average of $10.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.51% during that period while stretching the period over a month that increases to 4.78%. 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 40.63 which implies that the stock is in neutral 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 0.88% up while it is -15.83% when we observe its performance for the past one month. Year-to-date it is -1.39% down and over the past year, the stock is showing a downside performance of -68.77%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.55 while estimate for next year EPS is -2.99. In next quarter, company is expected to be making quarterly sales of $555.77M as analysts are expecting the sales for current fiscal year at $2.57B and seeing the company making $2.35B in sales next year. Moreover, analysts are in estimates of $559.71M for current-quarter revenue.
Currently, Flagstar Financial Inc’s total number of outstanding shares is 415.26M with 0.46% of that held by the insiders while 82.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -15.08% and return on equity (ROE) at -36.96%. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 0.47 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is -3.21% on average.
