Atlantic Union Bankshares Corp (AUB) Stock: Tracking the Weekly Performance

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The stock of Atlantic Union Bankshares Corp (AUB) has seen a -4.60% decrease in the past week, with a -4.60% drop in the past month, and a -9.07% decrease in the past quarter. The volatility ratio for the week is 2.49%, and the volatility levels for the past 30 days are at 2.35% for AUB. The simple moving average for the last 20 days is -1.54% for AUB’s stock, with a simple moving average of 5.06% for the last 200 days.

Is It Worth Investing in Atlantic Union Bankshares Corp (NYSE: AUB) Right Now?

Atlantic Union Bankshares Corp (NYSE: AUB) has a higher price-to-earnings ratio of 16.23x compared to its average ratio, The 36-month beta value for AUB is at 0.88. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for AUB is 88.82M, and currently, shorts hold a 3.46% of that float. The average trading volume for AUB on October 21, 2024 was 427.65K shares.

AUB) stock’s latest price update

Atlantic Union Bankshares Corp (NYSE: AUB)’s stock price has dropped by -5.09 in relation to previous closing price of 38.81. Nevertheless, the company has seen a loss of -4.60% in its stock price over the last five trading days. businesswire.com reported 2024-10-21 that NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Atlantic Union Bankshares Corporation (NYSE: AUB) and Sandy Spring Bancorp is fair to Atlantic shareholders. Halper Sadeh encourages Atlantic shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Atlantic and its b.

Analysts’ Opinion of AUB

Many brokerage firms have already submitted their reports for AUB stocks, with Hovde Group repeating the rating for AUB by listing it as a “Outperform.” The predicted price for AUB in the upcoming period, according to Hovde Group is $45 based on the research report published on September 13, 2024 of the current year 2024.

Hovde Group, on the other hand, stated in their research note that they expect to see AUB reach a price target of $46, previously predicting the price at $40. The rating they have provided for AUB stocks is “Outperform” according to the report published on July 26th, 2024.

Stephens gave a rating of “Overweight” to AUB, setting the target price at $36 in the report published on September 13th of the previous year.

AUB Trading at -2.39% from the 50-Day Moving Average

After a stumble in the market that brought AUB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.33% of loss for the given period.

Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -3.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.13% upper at present.

During the last 5 trading sessions, AUB fell by -4.08%, which changed the moving average for the period of 200-days by +4.47% in comparison to the 20-day moving average, which settled at $37.42. In addition, Atlantic Union Bankshares Corp saw 0.81% 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 AUB starting from Ellett Frank Russell, who purchase 5,000 shares at the price of $31.71 back on Jun 06 ’24. After this action, Ellett Frank Russell now owns 47,334 shares of Atlantic Union Bankshares Corp, valued at $158,550 using the latest closing price.

Ellett Frank Russell, the Director of Atlantic Union Bankshares Corp, purchase 5,000 shares at $31.54 during a trade that took place back on Jun 07 ’24, which means that Ellett Frank Russell is holding 52,334 shares at $157,700 based on the most recent closing price.

Stock Fundamentals for AUB

Current profitability levels for the company are sitting at:

  • 0.37 for the present operating margin
  • 1.51 for the gross margin

The net margin for Atlantic Union Bankshares Corp stands at 1.04. The total capital return value is set at 0.0. Equity return is now at value 6.80, with 0.82 for asset returns.

Based on Atlantic Union Bankshares Corp (AUB), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 0.61.

Currently, EBITDA for the company is 233.11 million with net debt to EBITDA at -6.11. When we switch over and look at the enterprise to sales, we see a ratio of 23.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.

Conclusion

In conclusion, Atlantic Union Bankshares Corp (AUB) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.

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