Washington Trust Bancorp Inc. (WASH) Soars 6.52% on January 06

Equities Staff  |

Washington Trust Bancorp Inc. (WASH) had a good day on the market for Wednesday January 06 as shares jumped 6.52% to close at $47.53. About 94,105 shares traded hands on 1,290 trades for the day, compared with an average daily volume of n/a shares out of a total float of 17.26 million. After opening the trading day at $45.79, shares of Washington Trust Bancorp Inc. stayed within a range of $48.20 to $45.00.

With today's gains, Washington Trust Bancorp Inc. now has a market cap of $820.59 million. Shares of Washington Trust Bancorp Inc. have been trading within a range of $53.46 and $25.87 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loans deposit activities and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents estates. The bank generates a majority of its revenue from the Commercial Banking segment.

Washington Trust Bancorp Inc. is based out of Westerly, RI and has some 619 employees. Its CEO is Edward O. Handy.

For a complete fundamental analysis of Washington Trust Bancorp Inc., check out Equities.com’s Stock Valuation Analysis report for WASH.

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Washington Trust Bancorp Inc. is also a component of the Russell 2000. 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.

To get more information on Washington Trust Bancorp Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: WASH’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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