Hope Bancorp Inc (HOPE) concluded trading on Thursday at a closing price of $10.24, with 3.33 million shares of worth about $34.12 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.05% during that period and on April 24, 2025 the price saw a gain of about 2.71%. Currently the company’s common shares owned by public are about 127.88M shares, out of which, 121.29M shares are available for trading.
Stock saw a price change of 8.94% in past 5 days and over the past one month there was a price change of -3.49%. Year-to-date (YTD), HOPE shares are showing a performance of -16.68% which decreased to -5.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.82 but also hit the highest price of $14.53 during that period. The average intraday trading volume for Hope Bancorp Inc shares is 1.03 million. The stock is currently trading 5.06% above its 20-day simple moving average (SMA20), while that difference is down -0.89% for SMA50 and it goes to -14.61% lower than SMA200.
Hope Bancorp Inc (NASDAQ: HOPE) currently have 127.88M outstanding shares and institutions hold larger chunk of about 84.80% of that.
The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 0.86. PE ratio of stock for trailing 12 months is 13.08, while it has posted earnings per share of $0.78 in the same period. It has a debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HOPE, volatility over the week remained 3.08% while standing at 4.49% over the month.
Stock’s fiscal year EPS is expected to drop by -6.71% while it is estimated to increase by 60.46% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on April 30, 2024 offering a Buy rating for the stock and assigned a target price of $12.50 to it. Coverage by DA Davidson stated Hope Bancorp Inc (HOPE) stock as a Neutral in their note to investors on May 18, 2022, suggesting a price target of $16 for the stock. Stock get a Market perform rating from FIG Partners on September 15, 2017.
