Popular Inc. (BPOP) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Popular Inc. (BPOP) experienced unusually high volume on Dec. 21, as the stock gained 2.42% to a closing price of $27.46. The stock saw 2.55 million shares trade hands over the course of the day on 10,986 trades. Given that the stock’s average daily volume over the last month has been 794,787 shares a day, this represents a pretty substantial spike over the norm.

Popular Inc. has a P/B ratio of 0.57. It also has a P/E ratio of 3.5. The stock has traded between $35.83 and $26.60 over the last 52-weeks, its 50-day SMA is now $29.36, and its 200-day SMA $31.14.

Popular Inc is a publicly owned bank holding company, which offers retail and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico. The Bank also offers insurance and reinsurance services.

Headquartered in Hato Rey, , Popular Inc. has 7,752 employees and is currently under the leadership of CEO Richard L. Carrion.

For a complete fundamental analysis analysis of Popular Inc., check out Equities.com’s Stock Valuation Analysis report for BPOP. 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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