Washington Trust Bancorp Inc. (WASH) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Washington Trust Bancorp Inc. (WASH) experienced unusually high volume on Dec. 21, as the stock lost 2.28% to a closing price of $37.69. The stock saw 59,027 shares trade hands over the course of the day on 254 trades. Given that the stock’s average daily volume over the last month has been 31,438 shares a day, this represents a pretty substantial spike over the norm.

Washington Trust Bancorp Inc. has a P/B ratio of 1.73. It also has a P/E ratio of 14.6. The stock has traded between $42.25 and $35.65 over the last 52-weeks, its 50-day SMA is now $39.77, and its 200-day SMA $38.47.

Washington Trust Bancorp Inc. through its subsidiaries offers financial services to individuals and businesses, including wealth management, through its offices in Rhode Island, eastern Massachusetts and southeastern Connecticut.

Headquartered in Westerly, RI, Washington Trust Bancorp Inc. has 590 employees and is currently under the leadership of CEO Joseph J. MarcAurele.

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


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

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


Emerging Growth

Naked Brand Group Inc

Naked Brand Group Inc through its wholly-owned subsidiary is engaged in manufacturing and selling of direct and wholesale men's undergarments to consumers and retailers.

Private Markets

BioSculpture Technology, Inc.

BioSculpture Technology, Inc. (“BST”) is a commercial-stage medical device manufacturer of liposuction surgical instruments for surgeons. It offers the FDA-cleared Twin Cannula Assisted Liposuction ("TCAL") Airbrush Liposculptor II® controllers, Airbrush®…

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…