East West Bancorp Inc. (EWBC) and Magnolia Oil & Gas Corporation (MGY) seem to mesmerize investors for the longer run

On Sep 03, Zhou Catherine, Executive Vice President bought 2,512 shares of East West Bancorp Inc. (NASDAQ: EWBC), with the average selling price of the stock being $39.82 per share. The total amount realized from this purchase $100,028. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.

In addition to that, Chief Executive Officer – NG DOMINIC bought an extra 6,131 shares of this stock in a transaction that took place a day before, on Aug 29, with a share bought at an average of $40.40 and a total of $247,702 was realized from this transaction. After the transaction, the Chief Executive Officer – NG DOMINIC was left with 548,290 shares of the company’s stock, which is currently worth around $22150916.0.

The recent price movement of EWBC means that it is now down by -14.83% from its 52-week high and 26.76% up against its 52-week low prices. Over the past one week, the price volatility of EWBC stands at 2.31% while the volatility over the past one month is 1.96%. The beta score for this stock is 1.68. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/17/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.18 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.16 by 0.02. The revenue by the firm was 363.17M for the quarter.

The shares of East West Bancorp Inc. (EWBC) dropped by -0.79%, leading to a loss of -$0.38 per share, and saw EWBC end the trading session at $47.77 on Friday 12/13/19. EWBC started the trading session at $47.86, before reaching a daily high of $48.77. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $47.31.

The trading volume on Friday stood at 1099042, which was below the stock’s 3-month average volume of 1.04 million shares, out of a total 144.67M shares. As the price of the stock dipped, the market valuation of the company dropped to 7.01 billion.

The shares of Magnolia Oil & Gas Corporation (NYSE: MGY) went down by -1.33% by the end of the recent trading session. This movement saw its price plunge to close at $11.87, which was lower than the previous closing price of $12.03. Over the past one week, the price of MGY has jumped by 3.13%, while it has recorded a gain of 1.89% over the past one month. Its three-month performance saw MGY lose -2.47% while its six-month performance saw it surge by 9.50%. The situation is different though over the past one year, as the stock price went up by 4.12%, while its year-to-date (YTD) price performance jumped by 5.89%. The stock price has gone up by +24.55% compared to its 90-day low, while it is down -3.22% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,066,025 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,127,726 shares and the indicators have an average rating of Hold. The last indicators, the long-term see MGY stock with a 100-Day average volume of 1,290,282 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves MGY with an average rating of 56% Buy.

Several brokerage firms sent out their reports MGY stock not long ago. In its report sent out on November 19, 2019, Johnson Rice lowered its ratings on MGY from a Buy to a Accumulate. In an earlier report on November 18, 2019, KeyBanc Capital Markets Initiated the stock to a Overweight. Barclays meanwhile in its report on August 30, 2019 Initiated its rating of the stock to “Overweight”.

In a recent SEC filing, the company revealed that 163 institutions currently hold the MGY stock. In the last quarter, a 178,537,323 MGY shares were in the possession of institutions. On the other hand, the company recorded 31 new institutions who bought it their stock, while 24 institutions sold their entire MGY reserve. Of the current institutions investing in the stock, 89 increased their investment while 54 decreased their investment in the stock.