Alert: Positive Investment/Fundamental Signals (12/4/23)-East West Bancorp Inc (NASDAQ: EWBC)


East West Bancorp Inc (NASDAQ: EWBC) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Recent meaningful positive changes in fundamentals have benefitted East West Bancorp Inc (NASDAQ: EWBC): the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, EWBC is expected to continue to be an important Value Builder.

East West Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. East West Bancorp has a good Power Rating of 74 and a good Appreciation Score of 78, with the Highest Value Trend Rating the result.

Recent Price Action

East West Bancorp Inc (NASDAQ: EWBC) stock closed at $66.95 on 12/4/23 after an increase of 1.9%. This advance was accompanied by normal trading volume. The stock has risen 9.7% during the last week and has been strong relative to the market over the last nine months.

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