Hanmi Financial Corp. (HAFC) Jumps 5.25% on January 28

Equities Staff |

Hanmi Financial Corp. (HAFC) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 5.25% to $21.26, representing a gain of $1.06 per share. Some 416,767 shares traded hands on 3,648 trades, compared with an average daily volume of 239,741 shares out of a total float of 31.98 million. The stock opened at $21.03 and traded with an intraday range of $21.80 to $21.03.

After today's gains, Hanmi Financial Corp. reached a market cap of $679.8 million. Hanmi Financial Corp. has had a trading range between $28.09 and $19.65 over the last year, and it had a 50-day SMA of $23.72 and a 200-day SMA of $23.99.

The stock has a P/E Ratio of 12.2.

Hanmi Financial Corp is a community bank conducting general banking business. It provides its services to small- to medium-sized businesses. It also offers insurance products such as; life, commercial, automobile, health, and property & casualty.

Hanmi Financial Corp. is based out of Los Angeles, CA and has some 699 employees. Its CEO is Chong Guk Kum.

For a complete fundamental analysis analysis of Hanmi Financial Corp., check out Equities.com’s Stock Valuation Analysis report for HAFC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. 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 equities.com. 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: http://www.equities.com/disclaimer

Comments

Emerging Growth

Inception Mining Inc

Inception Mining Inc a mining exploration stage company engaged in the acquisition, exploration, and development of mineral properties, for gold from owned mining properties.

Private Markets

Airbnb

Airbnb is a community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone. Whether an apartment for a night,…

Knightscope

Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.