Umpqua Holdings Corporation (NASDAQ:UMPQ) has been under a strong bear grip, hence the stock is down -0.7% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.21% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.49% in the last 1 week, and is up 0.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -14.55% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $18.89 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $15.54 and the 200 Day Moving Average price is recorded at $15.40.
The stock has recorded a 20-day Moving Average of 2.43% and the 50-Day Moving Average is 2.02%.
Umpqua Holdings Corporation (NASDAQ:UMPQ): stock turned positive on Friday. Though the stock opened at $15.61, the bulls momentum made the stock top out at $15.8 level for the day. The stock recorded a low of $15.6 and closed the trading day at $15.62, in the green by 1.10%. The total traded volume for the day was 2,087,316. The stock had closed at $15.45 in the previous days trading.
In an insider trading activity, Davis Raymond P, director officer (President & CEO) of Umpqua Holdings Corp, unloaded 14,700 shares at an average price of $17.2 on October 29, 2015. The total amount of the transaction was worth $252,840, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Umpqua Holdings Corporation (Umpqua) is a financial holding company. The Company has two principal subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments, Inc. (Umpqua Investments). Umpqua has two segments: Community Banking and Home Lending. Its Community Banking segment focuses on offering loan and deposit products to business and retail customers in its market areas. Its Community Banking segment operates over 380 locations in Oregon and Washington, among others. Its Home Lending segment operates as a division of the Bank, and originates, sells and services residential mortgage loans. The Bank is engaged in the business of commercial and retail banking, and the delivery of retail brokerage services. The Bank provides a range of banking, wealth management, mortgage banking and other financial services to corporate, institutional and individual customers. Umpqua Investments is a broker-dealer and investment advisor. Pivotus Ventures, Inc. is the subsidiary of the Company.