Cathay General Bancorp (CATY) is Trading Higher on Unusual Volume for February 15

Equities Staff |

Cathay General Bancorp (CATY) experienced unusually high volume on Feb. 15, as the stock gained 0.26% to a closing price of $26.84. The stock saw 1.13 million shares trade hands over the course of the day on 11,572 trades. Given that the stock’s average daily volume over the last month has been 625,018 shares a day, this represents a pretty substantial spike over the norm.

Cathay General Bancorp has a P/B ratio of 1.26. It also has a P/E ratio of 13.5. The stock has traded between $34.75 and $25.05 over the last 52-weeks, its 50-day SMA is now $29.42, and its 200-day SMA $30.70.

Cathay General Bancorp is a holding company for Cathay Bank, which offers various financial services for individuals, professionals, and small to medium-sized businesses in California.

Headquartered in Los Angeles, CA, Cathay General Bancorp has 1,132 employees and is currently under the leadership of CEO Dunson K. Cheng.

For a complete fundamental analysis analysis of Cathay General Bancorp, check out’s Stock Valuation Analysis report for CATY. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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