Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $9.97 in the prior trading day, Hope Bancorp Inc (NASDAQ: HOPE) closed at $9.93, down -0.40%. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 0.52 million shares were traded.
Ratios:
Our goal is to gain a better understanding of HOPE by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 30 ’25 when Stenger Thomas sold 4,185 shares for $11.83 per share. The transaction valued at 49,509 led to the insider holds 19,267 shares of the business.
Stenger Thomas bought 4,185 shares of HOPE for $49,509 on Jan 30 ’25. On Dec 10 ’24, another insider, Malone David P, who serves as the Director of the company, sold 28,763 shares for $13.50 each. As a result, the insider received 388,306 and left with 81,228 shares of the company.
Valuation Measures:
As of this moment, Hope’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.69, and their Forward P/E ratio for the next fiscal year is 8.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.56.
Stock Price History:
Over the past 52 weeks, HOPE has reached a high of $14.53, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is -0.82%, while the 200-Day Moving Average is calculated to be -15.07%.
Shares Statistics:
A total of 128.06M shares are outstanding, with a floating share count of 121.35M. Insiders hold about 5.24% of the company’s shares, while institutions hold 85.54% stake in the company.
