PacWest Bancorp (PACW) experienced unusually high volume on Dec. 21, as the stock lost 3.29% to a closing price of $42.67. The stock saw 2.26 million shares trade hands over the course of the day on 11,109 trades. Given that the stock’s average daily volume over the last month has been 781,478 shares a day, this represents a pretty substantial spike over the norm.
PacWest Bancorp has a P/B ratio of 1.43. It also has a P/E ratio of 14.7. The stock has traded between $48.86 and $40.00 over the last 52-weeks, its 50-day SMA is now $45.11, and its 200-day SMA $44.67.
PacWest Bancorp is bank holding company providing banking product and services. It offers commercial banking services, demand deposits, consumer loans, term loans, home equity loans to individuals, professionals & small to mid-sized businesses.
Headquartered in Los Angeles, CA, PacWest Bancorp has 1,443 employees and is currently under the leadership of CEO Matthew P. Wagner.
For a complete fundamental analysis analysis of PacWest Bancorp, check out Equities.com’s Stock Valuation Analysis report for PACW. 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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