East West Bancorp Inc (EWBC) is Trading Lower on Unusual Volume for January 28

Equities Staff |

East West Bancorp Inc (EWBC) experienced unusually high volume on Jan. 28, as the stock lost 6.04% to a closing price of $31.76. The stock saw 3.01 million shares trade hands over the course of the day on 22,129 trades. Given that the stock’s average daily volume over the last month has been 1.07 million shares a day, this represents a pretty substantial spike over the norm.

East West Bancorp Inc has a P/B ratio of 1.49. It also has a P/E ratio of 12.7. The stock has traded between $46.50 and $32.89 over the last 52-weeks, its 50-day SMA is now $40.22, and its 200-day SMA $41.40.

East West Bancorp Inc is a bank holding company. It offers banking services to individuals and small to mid-size businesses through its subsidiary bank, East West Bank and its subsidiaries.

Headquartered in Pasadena, CA, East West Bancorp Inc has 2,709 employees and is currently under the leadership of CEO Dominic Ng.

For a complete fundamental analysis analysis of East West Bancorp Inc, check out Equities.com’s Stock Valuation Analysis report for EWBC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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