Basic Stock Data on Banc of California, Inc. (BANC)

In the past 52-week period, shares of Banc of California, Inc. (NYSE:BANC) have moved within the range of $14.40 to $23.25. On the stock’s most recent trading day, the company’s shares ended the regular session at $23.05, which is 0.86% lower than its 52-week high.

Banc of California, Inc. (BANC) has demonstrated a 20-day simple moving average (SMA) of 12.10%, and a 50-day SMA of 12.42%. This public company’s current market capitalization stands at $1.16 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Banc of California, Inc. (BANC) is Outperform.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Banc of California, Inc. (BANC) delivered a 3.14% surprise with its net revenue. Sales reached $0.08 billion during the three-month period, compared to the average analyst estimate of $0.08 billion.

Ownership at Banc of California, Inc. (BANC), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. Banc of California, Inc. (BANC) has 0 billion shares outstanding currently, 126.34% of which belong to institutional investors. Those institutional holdings amount to $1.39 billion.

Additionally, according to the most recent 13F filing from Banc of California, Inc. (BANC), there were 25 new positions totaling 4,121,451 shares of the company’s stock. There were 35 sold out positions, on the other hand, totaling 1,579,065 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Banc of California, Inc. (BANC) has had a 20-day average volume of 619,075 shares, with an average of 100% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 665,030 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 792,515 shares with 100% of long-term indicators pointing to Buy.