Stock Jumping Abnormally High: New York Community Bancorp Inc. (NYSE:NYCB)


New York Community Bancorp Inc. (NYSE:NYCB) currently has a “Buy” 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.

New York Community Bancorp Inc. (NYSE:NYCB) lost -0.55 Percent and closed its previous trading session at $14.38. The stock traded with the average Volume of 4.6 Million at the end of last session.

New York Community Bancorp Inc. (NYSE:NYCB) has the Market Capitalization of 6.94 Billion. The Stock has its 52-week High of $14.53 and 52-Week Low of $11.67 and it touched its 52-week high on 03/12/18 and 52-Week Low on 09/08/17.

The company reported its last earnings Actual EPS of $0.18/share. While, the analyst predicted that the company could provide an EPS of $0.17/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 5.9 Percent.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated New York Community Bancorp Inc. (NYSE:NYCB) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 2.31% where SMA50 and SMA200 are 4.3% and 10.27% respectively.

The company shows its Return on Assets (ROA) value of 0.9%. The Return on Equity (ROE) value stands at 7%. While it’s Return on Investment (ROI) value is 12.4%.

New York Community Bancorp Inc. (NYSE:NYCB) currently has a Weekly Volatility of 1.29% percent while its Monthly Volatility is at 1.99% percent. While talking about Performance of the Stock, New York Community Bancorp Inc. currently has a Weekly performance of 0.14%, monthly performance percentage is 5.81 percent, Quarterly performance is 7.72 percent, 6 months performance shows a percent value of 20.13% and Yearly Performance is -0.07 percent.

Company Profile:

New York Community Bancorp, Inc. is a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents.  The Company has two bank subsidiaries:  New York Community Bank, with 178 branches serving customers throughout Metro New York and New Jersey; and New York Commercial Bank, with 36 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York.  Reflecting its growth through a series of acquisitions, the Community Bank operates through five local divisions:  Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, and Garden State Community Bank in New Jersey.  Similarly, the Commercial Bank operates 17 of its branches under the name Atlantic Bank.