East West Bancorp, Inc. (EWBC) stock is higher by 0.26% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
East West Bancorp, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EWBC!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With EWBC Stock Today?
East West Bancorp, Inc. (EWBC) stock is lower by -3.04% while the S&P 500 is up 1.54% as of 11:43 AM on Wednesday, Jul 1. EWBC is down -$1.10 from the previous closing price of $36.24 on volume of 113,024 shares. Over the past year the S&P 500 is higher by 4.59% while EWBC is down -25.82%. EWBC earned $4.48 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.82.
To see InvestorsObserver's Sentiment Score for East West Bancorp, Inc. click here.
More About East West Bancorp, Inc.
East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East West Bank is one of a few U.S.-based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers entering new markets. Most of its earning assets are in loans held for investment.
