First Republic Bank Shares Close the Day 32.8% Lower - Daily Wrap
The company saw its shares close the day 32.8% lower than yesterday, with trading volume higher than its 30 day average.
Mar 17, 2023 by Kwhen Finance Editors
First Republic Bank (FRC) shares closed today 32.8% lower than it did at the end of yesterday. The stock is currently up 1.3% year-to-date, down 24.7% over the past 12 months, and up 35.4% over the past five years. Today, the Dow Jones Industrial Average fell 1.5%, and the S&P 500 fell 1.5%.
Trading Activity
- Shares traded as high as $95.44 and as low as $17.53 this week.
- Shares closed 86.7% below its 52-week high and 78.4% below its 52-week low.
- Trading volume this week was 9936.1% higher than the 10-day average and 11310.4% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| First Republic Bank | -32.8 | 1.3 | -24.7 | -83.7 | -73.7 |
| Dow Jones Industrial Average | -1.5 | 1.1 | 1.3 | -8.1 | 12.7 |
| S&P 500 Index | -1.5 | 5.7 | -5.7 | -13.8 | 13.4 |
| Financials | -3.3 | 5.6 | -1.3 | -19.3 | 6.6 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -84.3%
- The company's stock price performance over the past 12 months lags the peer average by 57.7%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 80.4% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| First Republic Bank | FRC | 14.5 | 1.3 | -24.7 | -83.7 | -73.7 |
| Peer Avg | N/A | 8.0 | 8.2 | -15.7 | -4.3 | -0.1 |
| Bank Of America Corp. | BAC | 9.4 | -7.2 | -23.7 | -34.2 | -1.0 |
| SVB Financial Group | SIVB | 11.2 | 23.6 | -47.6 | ||
| East West Bancorp, Inc. | EWBC | 9.4 | 14.9 | -0.4 | ||
| CVB Financial Corp. | CVBF | 14.4 | -6.4 | 6.9 | ||
| Cathay General Bancorp | CATY | 8.6 | 5.8 | -0.9 | ||
| Bank of Marin Bancorp | BMRC | 11.2 | -6.6 | -10.4 | ||
| Cyngn Inc | CYN | 0 | 42.0 | -49.1 | ||
| Umpqua Holdings Corp | UMPQ | 0 | 0 | 0 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
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