The price-to-earnings ratio for Fifth Third Bancorp (NASDAQ: FITB) is above average at 7.36x, while the 36-month beta value is 1.20.
The public float for FITB is 673.73M, and currently, short sellers hold a 1.15% ratio of that floaft. The average trading volume of FITB on May 25, 2023 was 10.60M shares.
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FITB) stock’s latest price update
Fifth Third Bancorp (NASDAQ: FITB) has seen a decline in its stock price by -2.20 in relation to its previous close of 25.92. However, the company has experienced a 0.32% gain in its stock price over the last five trading sessions. Barron’s reported on 04/24/22 that 6 Dividend Growers to Help Beat the Market
FITB’s Market Performance
Fifth Third Bancorp (FITB) has seen a 0.32% rise in stock performance for the week, with a -1.21% decline in the past month and a -29.68% plunge in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 3.77% for FITB. The simple moving average for the past 20 days is 2.30% for FITB’s stock, with a -21.92% simple moving average for the past 200 days.
FITB Trading at -1.62% from the 50-Day Moving Average
After a stumble in the market that brought FITB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.74% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -0.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.90% lower at present.
During the last 5 trading sessions, FITB rose by +0.32%, which changed the moving average for the period of 200-days by -26.50% in comparison to the 20-day moving average, which settled at $24.77. In addition, Fifth Third Bancorp saw -22.74% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FITB starting from Bayh Evan, who purchase 5,000 shares at the price of $24.82 back on May 03. After this action, Bayh Evan now owns 73,700 shares of Fifth Third Bancorp, valued at $124,100 using the latest closing price.
Heminger Gary R., the Director of Fifth Third Bancorp, purchase 33,000 shares at $26.82 during a trade that took place back on Mar 13, which means that Heminger Gary R. is holding 127,043 shares at $885,159 based on the most recent closing price.
Stock Fundamentals for FITB
Current profitability levels for the company are sitting at:
- +31.21 for the present operating margin
The net margin for Fifth Third Bancorp stands at +25.40. The total capital return value is set at 8.84, while invested capital returns managed to touch 6.91. Equity return is now at value 15.20, with 1.20 for asset returns.
Based on Fifth Third Bancorp (FITB), the company’s capital structure generated 60.11 points at debt to equity in total, while total debt to capital is 37.54. Total debt to assets is 7.26, with long-term debt to equity ratio resting at 56.95. Finally, the long-term debt to capital ratio is 32.56.
When we switch over and look at the enterprise to sales, we see a ratio of 2.82, with the company’s debt to enterprise value settled at 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.17.
Conclusion
In a nutshell, Fifth Third Bancorp (FITB) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
