Washington Trust Bancorp Inc. (WASH): Deep Analysis on WASH Performance Report

Compass Point announced it was Upgrade coverage of Washington Trust Bancorp Inc. in a research note on April 28, 2020. The analysts assigned a Buy rating to the stock. Boenning & Scattergood rated the stock as a Neutral in a research noted published on October 22, 2019. Boenning & Scattergood rated the stock as an Outperform in a research note published on June 26, 2019.

Howes Constance A, the Director of Washington Trust Bancorp Inc., bought 300.0 shares at the valuation of $36.15 during an exchange that occurred on Mar 10, which implies that Howes Constance A is holding 500 shares at the estimation of $10,845 dependent on the most recent closing price.

In another transaction, on Dec 09, EVP & Chief Lending Officer of Washington Trust Bancorp Inc., Hagerty James M, sold 2000.0 shares at the price of $52.74. After this activity, Hagerty James M now keeps 10,125 shares of Washington Trust Bancorp Inc., esteemed at $105,470 with the most recent shutting price.

WASH Recent Trade

The share price of WASH ascended by $1.09 during the exchanging session on 07/10/20 to exchange at $29.94. Washington Trust Bancorp Inc. stock has an exchanging volume of 0.14 million shares, which is high, contrasted with its 3-months average volume of 121.66K shares. Its market capitalization has now reached to $497.90M and analysts have a consensus target price of $42.75 in the 12-month period.

WASH Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, WASH price has dropped by -5.43%. In the course of past three months sees the stock go down around -22.87%, while it has lost -43.08% over the past six months and -44.34% since the start of the year.

WASH Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 47.12 billion, which was higher than the gauge of 32M made by certain experts. For that equivalent quarter, Washington Trust Bancorp Inc. posted $0.68 earnings per share (EPS) which was underneath the consensus estimate of $0.8 by -$0.12, which represents to a reduction by -15.00%.

WASH Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Washington Trust Bancorp Inc. has seen its stock exchanging -22.20% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +11.22% above its three-month low. A more extensive look sees WASH exchanging -45.52% beneath its 52-week high and 15.78% above from its 52-week low price.

WASH Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 4.39%, while it has a month to month instability of 3.85%. The company has an ATR (Average True Range) of 1.36 and a beta factor of 0.61.

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