Western Alliance Bancorp (WAL) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Western Alliance Bancorp (WAL) experienced unusually high volume on Jan. 15, as the stock lost 2.91% to a closing price of $32.05. The stock saw 1.26 million shares trade hands over the course of the day on 12,381 trades. Given that the stock’s average daily volume over the last month has been 767,210 shares a day, this represents a pretty substantial spike over the norm.

Western Alliance Bancorp has a P/B ratio of 2.17. It also has a P/E ratio of 17.7. The stock has traded between $39.11 and $24.52 over the last 52-weeks, its 50-day SMA is now $36.62, and its 200-day SMA $33.45.

Western Alliance Bancorp provides banking and lending services to locally owned businesses, professional firms, real estate developers and investors and other consumers. It addition it also holds & manages certain non-performing loans and OREO.

Headquartered in Phoenix, AZ, Western Alliance Bancorp has 1,131 employees and is currently under the leadership of CEO Robert G. Sarver / Gary Cady.

For a complete fundamental analysis analysis of Western Alliance Bancorp, check out Equities.com’s Stock Valuation Analysis report for WAL. 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

Pressure Biosciences Inc

Pressure BioSciences Inc is a biological life sciences research company. It is engaged in the development and commercialization of a platform technology called pressure cycling technology.

Private Markets

Mesa-Marshall 2 Well Project

MESA Resources ("MESA") is sponsoring the development of the two well direct drilling project -- "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development of…


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