New York Community Bancorp (NYCB) has risen sharply, recording gains of 0.21% in the past 4 weeks. However, the stock has corrected -4.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.28% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.91% and the 50-Day Moving Average is 1.24%.The 200 Day SMA reached 3.71% New York Community Bancorp Inc. has dropped 2.26% during the last 3-month period . Year-to-Date the stock performance stands at -8.41%.
New York Community Bancorp (NYCB) : Currently there are 9 street experts covering New York Community Bancorp (NYCB) stock. The most bullish and bearish price target for the stock is $19 and $14 respectively for the short term. The average price target of all the analysts comes to $15.94. The estimated standard deviation from the target is $1.53.
Company shares have received an average consensus rating of Hold for the current week New York Community Bancorp (NYSE:NYCB): stock was range-bound between the intraday low of $14.44 and the intraday high of $14.62 after having opened at $14.6 on Fridays session. The stock finally closed in the red at $14.6, a loss of -1.57%. The stock remained in the red for the whole trading day. The total traded volume was 5,174,030 shares. The stock failed to cross $14.62 in Fridays trading. The stocks closing price on Thursday was $14.44.
New York Community Bancorp, Inc. is a multi-bank holding company and has two primary subsidiaries: New York Community Bank (Community Bank) and New York Commercial Bank (Commercial Bank). The Community Bank is a New York State-chartered savings bank with 242 branches that operates through seven local divisions. The Community Bank is a producer of multi-family loans in New York City. In addition to multi-family loans, it originates commercial real estate loans (primarily in New York City, as well as Long Island and New Jersey) and, to a much lesser extent, acquisition, development, and construction (ADC) loans, and commercial and industrial (C&I) loans. The Commercial Bank is a New York State-chartered commercial bank with 30 branches in Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 18 that operate under the name Atlantic Bank. The Commercial Bank offers 24-hour banking online and by phone.