Webster Financial Corporation (WBS) Shares are Down -0.5%

Webster Financial Corporation (WBS) has risen sharply, recording gains of 6.69% in the past 4 weeks. However, the stock has corrected -0.5% in the past 1 week, providing a good buying opportunity on dips. Webster Financial Corporation (WBS) : During the past 4 weeks, traders have been relatively bearish on Webster Financial Corporation (WBS), hence the stock is down -0.06% 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 -1.11% relative to the S&P 500.

Webster Financial Corporation (NYSE:WBS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.49 and $35.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.03, notching a gain of 1.81% for the day. The total traded volume was 864,201 . The stock had closed at $35.39 on the previous day.


The stock has recorded a 20-day Moving Average of 4.76% and the 50-Day Moving Average is 0.21%. Webster Financial Corp. has dropped 2.56% during the last 3-month period . Year-to-Date the stock performance stands at -1.75%.

Webster Financial Corporation (Webster) is a bank and financial holding company. Webster Financial Corporations principal assets include the outstanding capital stock of Webster Bank, National Association (Webster Bank). Webster, through Webster Bank and non-banking financial services subsidiaries, delivers financial services to individuals, families and businesses. Webster Bank provides commercial, small business and consumer banking, mortgage lending, financial planning, and trust and investment services through banking centers, automatic teller machines, telephone banking, mobile banking and online banking through www.websterbank.com. The Company operates in three segments: Commercial Banking, Community Banking and Other. The Community Banking consists of the Personal Banking and Business Banking operations. Commercial Banking provides lending, deposit, and treasury and payment solutions. Other segment activities consist of HSA Bank and the Private Banking operating segments.

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