Zions Bancorporation stock has recorded a 20-day Moving Average of 2.33% and the 50-Day Moving Average is 3.17%.The 200 Day SMA reached 33.47%Zions Bancorporation is having a Relative Strength Index of 56.36 which indicates the stock is not yet over sold or over bought based on the technical indicators.Zions Bancorporation (NASDAQ:ZION) has tumbled 0.22% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.32% in the last four weeks. The stocks have underperformed the S&P 500 by 0.91% during the past week but Zions Bancorporation (NASDAQ:ZION) it has outperformed the index in 4 weeks by 0.15%.
Zions Bancorporation (NASDAQ:ZION) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.27 points or 0.6% at $44.55 with 3,605,293 shares getting traded. Post opening the session at $44.18, the shares hit an intraday low of $44 and an intraday high of $44.55 and the price was in this range throughout the day. The company has a market cap of $9,047 million and the number of outstanding shares has been calculated to be 203,085,100 shares. The 52-week high of Zions Bancorporation (NASDAQ:ZION) is $45.52 and the 52-week low is $20.08.
Currently the company Insiders own 2.06% of Zions Bancorporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -42.59% . Institutional Investors own 92.96% of Zions Bancorporation shares. During last six month period, the net percent change held by insiders has seen a change of -31.86%. Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Michael Morris (Executive Vice President) sold 15,429 shares at 44.71 per share price.On Feb 17, 2017, Bruce K Alexander (Exec VP and) sold 3,579 shares at 45.33 per share price.On Feb 15, 2017, Mark Richard Young (Exec VP) sold 7,127 shares at 45.06 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Zions Bancorporation was Initiated by JMP Securities to Mkt Perform on Feb 2, 2017. Company shares were Upgraded by UBS on Jan 11, 2017 to Neutral, Raises Price Target to $ 46 from a previous price target of $37 .Zions Bancorporation was Upgraded by JP Morgan to Overweight on Jan 5, 2017. Company shares were Upgraded by FBR & Co. on Dec 20, 2016 to Outperform, Raises Price Target to $ 49 from a previous price target of $42 .Zions Bancorporation was Upgraded by BofA/Merrill to Neutral on Dec 15, 2016.
Zions Bancorporation Last issued its quarterly earnings results on Jan 23, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.52.Analysts expectations of $ 609.06.During the same quarter in the previous year, the company posted $0.43 EPS.
Zions Bancorporation is a multi-bank holding company. Zions focuses on maintaining community-minded banking by strengthening its core business lines of retail banking, small and medium-sized business lending, residential mortgage and investment activities. The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash management, lockbox, customized draft processing, and other special financial services are provided for business and other commercial banking customers.