Company Shares of East West Bancorp (NASDAQ:EWBC) Drops by -0.09%

East West Bancorp (NASDAQ:EWBC) : During the past 4 weeks, traders have been relatively bearish on East West Bancorp (NASDAQ:EWBC), hence the stock is down -10.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.35% relative to the S&P 500. The 4-week change in the price of the stock is -9.08% and the stock has fallen -0.09% in the past 1 week.

The company shares have dropped -25.85% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $45.91 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $36.09 and the 200 Day Moving Average price is recorded at $34.73.

The stock has recorded a 20-day Moving Average of 3.51% and the 50-Day Moving Average is 7.71%.


East West Bancorp (NASDAQ:EWBC): stock turned positive on Friday. Though the stock opened at $33.74, the bulls momentum made the stock top out at $34.16 level for the day. The stock recorded a low of $33.51 and closed the trading day at $33.54, in the green by 1.30%. The total traded volume for the day was 1,329,053. The stock had closed at $33.11 in the previous days trading.

In an insider trading activity,The officer (Executive Vice President) of East West Bancorp Inc, Cai-Lee Wendy H sold 1,200 shares at $36.37 on May 12, 2016. The Insider selling transaction had a total value worth of $43,644. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

East West Bancorp, Inc. (East West) is a bank holding company. East Wests principal business is to serve as a holding company for East West Bank (Bank) and other banking or banking-related subsidiaries. The Bank offers deposit products, including the traditional range of personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. The Banks lending activities include commercial and residential real estate, construction, trade finance, and commercial business, including accounts receivable, small business administration (SBA), inventory and working capital loans. The Bank provides commercial business loans to small and medium-sized businesses. In addition, the Bank is focused on providing financing to clients needing a financial bridge that facilitates their business transactions between Asia and the United States.

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