Will Wilshire Bancorp (WIBC) Continue to Surge Higher? - Tale of the Tape

As of late, it has definitely been a great time to be an investor in Wilshire Bancorp Inc (NASDAQ: WIBC). The stock has moved higher by 18.2% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider WIBC's recent earnings estimate revision activity. From this look, the company's future is quite favorable; as WIBC has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.

 

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!


WILSHIRE BCP (NASDAQ: WIBC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research