Stock Jumping Abnormally High: Zions Bancorporation (NASDAQ:ZION)


Zions Bancorporation (NASDAQ:ZION) currently has a “Hold” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Zions Bancorporation (NASDAQ:ZION) gained 4.91 Percent and closed its previous trading session at $54.51. The stock traded with the average Volume of 2.37 Million at the end of last session.

Zions Bancorporation (NASDAQ:ZION) has the Market Capitalization of 10.92 Billion. The Stock has its 52-week High of $55.61 and 52-Week Low of $38.43 and it touched its 52-week high on 02/02/18 and 52-Week Low on 05/17/17.

The company reported its last earnings Actual EPS of $0.8/share. While, the analyst predicted that the company could provide an EPS of $0.73/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.07/share which shows an Earnings Surprise of 9.6 Percent.

Several analysts are forecasting growth estimate of Zions Bancorporation for the current quarter to be 32.8%. Their projections for the Next Quarter growth is 23.3 percent. While for the Next 5 years, the company could expect a growth of 10% per annum, whereas in the past Five years Zions Bancorporation (NASDAQ:ZION) showed a growth of 9.88 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated Zions Bancorporation (NASDAQ:ZION) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 2.38% where SMA50 and SMA200 are 5.05% and 18.22% respectively.

The company shows its Return on Assets (ROA) value of 0.8%. The Return on Equity (ROE) value stands at 7.4%. While it’s Return on Investment (ROI) value is 20.6%.

Zions Bancorporation (NASDAQ:ZION) currently has a Weekly Volatility of 4.13% percent while its Monthly Volatility is at 3.14% percent. While talking about Performance of the Stock, Zions Bancorporation currently has a Weekly performance of 0.91%, monthly performance percentage is 3.04 percent, Quarterly performance is 19.99 percent, 6 months performance shows a percent value of 20.78% and Yearly Performance is 20.92 percent.

Company Profile:

Zions Bancorporation is one of the nation’s premier financial services companies. Zions operates under local management teams and distinct brands in many western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company is a national leader in Small Business Administration lending and public finance advisory services, and is a consistent top recipient of Greenwich Excellence awards in banking.