New York Community Bancorp Inc. (NYSE: NYCB) has seen a decline in its stock price by -1.22 in relation to its previous close of 10.69. However, the company has experienced a -5.71% decline in its stock price over the last five trading sessions.
Is It Worth Investing in New York Community Bancorp Inc. (NYSE: NYCB) Right Now?
The price-to-earnings ratio for New York Community Bancorp Inc. (NYSE: NYCB) is 2.76x, which is above its average ratio. Moreover, the 36-month beta value for NYCB is 1.05.
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The public float for NYCB is 672.56M and currently, short sellers hold a 6.95% of that float. On May 25, 2023, NYCB’s average trading volume was 19.52M shares.
NYCB’s Market Performance
NYCB stock saw an increase of -5.71% in the past week, with a monthly gain of 17.99% and a quarterly increase of 16.94%. The volatility ratio for the week is 3.23%, and the volatility levels for the last 30 days are 5.00% for New York Community Bancorp Inc. (NYCB). The simple moving average for the last 20 days is 3.52% for NYCB stock, with a simple moving average of 13.99% for the last 200 days.
NYCB Trading at 14.02% from the 50-Day Moving Average
After a stumble in the market that brought NYCB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.80% of loss for the given period.
Volatility was left at 5.00%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares surge +17.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +63.21% upper at present.
During the last 5 trading sessions, NYCB fell by -5.71%, which changed the moving average for the period of 200-days by +2.42% in comparison to the 20-day moving average, which settled at $10.28. In addition, New York Community Bancorp Inc. saw 22.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NYCB starting from Davis Reginald E, who sale 4,600 shares at the price of $9.97 back on Feb 07. After this action, Davis Reginald E now owns 123,033 shares of New York Community Bancorp Inc., valued at $45,863 using the latest closing price.
Rosenfeld Ronald A., the Director of New York Community Bancorp Inc., purchase 30,800 shares at $24.57 during a trade that took place back on Feb 06, which means that Rosenfeld Ronald A. is holding 30,800 shares at $756,756 based on the most recent closing price.
Stock Fundamentals for NYCB
Current profitability levels for the company are sitting at:
- +38.62 for the present operating margin
The net margin for New York Community Bancorp Inc. stands at +27.52. The total capital return value is set at 3.33, while invested capital returns managed to touch 3.21. Equity return is now at value 31.30, with 2.90 for asset returns.
Based on New York Community Bancorp Inc. (NYCB), the company’s capital structure generated 243.13 points at debt to equity in total, while total debt to capital is 70.86. Total debt to assets is 23.68, with long-term debt to equity ratio resting at 133.41. Finally, the long-term debt to capital ratio is 36.66.
When we switch over and look at the enterprise to sales, we see a ratio of 5.69, with the company’s debt to enterprise value settled at 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
To wrap up, the performance of New York Community Bancorp Inc. (NYCB) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
