E*TRADE Financial Corporation (ETFC) : Traders are bullish on E*TRADE Financial Corporation (ETFC) as it has outperformed the S&P 500 by a wide margin of 7.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.95%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.39% in the last 1 week, and is up 9.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
E*TRADE Financial Corporation (NASDAQ:ETFC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.50 and $25.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.93, notching a gain of 3.31% for the day. The total traded volume was 2,399,592 . The stock had closed at $25.10 on the previous day.
The stock has recorded a 20-day Moving Average of 4.25% and the 50-Day Moving Average is 3.26%. E*TRADE Financial Corporation is up 4.01% in the last 3-month period. Year-to-Date the stock performance stands at -12.52%.
E*TRADE Financial Corporation (ETFC) : Currently there are 10 street experts covering E*TRADE Financial Corporation (ETFC) stock. The most bullish and bearish price target for the stock is $31 and $27 respectively for the short term. The average price target of all the analysts comes to $28.8. The estimated standard deviation from the target is $1.23.
E*Trade Financial Corporation is a financial services company and an online brokerage industry. The Company offers solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.