20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of People's United Finl (NASDAQ:PBCT) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 70.83% over the past year to $0.41, which beat the estimate of $0.35.
Revenue of $479,900,000 declined by 3.09% year over year, which missed the estimate of $496,170,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
People's United Finl hasn't issued any revenue guidance for the time being.
Price Action
Company's 52-week high was at $19.62
52-week low: $9.73
Price action over last quarter: down 6.48%
Company Description
People's United Financial Inc has nearly $39 billion of assets. People's United Bank is one of the New England-based banks and among the top 50 in the U.S. Of the bank's 405 locations, 40% are in Connecticut, where it ranks third by deposit market share. It also ranks among the top 10 in Vermont, New Hampshire, and Maine. The bank offers brokerage, financial advisory and wealth management, and insurance services. Commercial real estate accounts for 35% of the loan book, C&I and equipment financing accounts for another 35%, and the rest is in mortgages and consumer.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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