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Zacks Investment Research downgraded BofI Holding, Inc. (NASDAQ:BOFI) to Sell in a report released today.

Yesterday BofI Holding, Inc. (NASDAQ:BOFI) traded 1.26% higher at $24.67. The company’s 50-day moving average is $21.80 and its 200-day moving average is $19.75. The last stock close price is up 26.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,033,213 shares of the stock were exchanged, down from an average trading volume of 1,048,720

Zacks Investment Research has downgraded BofI Holding, Inc. (NASDAQ:BOFI) to Sell in a report released on Tuesday November 29, 2016.

Recent Performance Chart

BofI Holding, Inc. (NASDAQ:BOFI)

BofI Holding, Inc. has 52 week low of $13.47 and a 52 week high of $25.38 with a PE ratio of 13.17 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $30.40 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On BofI Holding, Inc. (NASDAQ:BOFI)

BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.

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