$TOWN Box Setup at Its 50 MAOne of the few financial names I am following with a box setup base around its 50 MA.
Townebank (TOWN)- HOLDING COMPANY FOR TOWNEBANK SERVING THE GREATER HAMPTON ROADS REGION OF VIRGINIA AND NORTH CAROLINA
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1.99 USD
153.72 M USD
939.74 M USD
69.88 M
About Towne Bank
Sector
Industry
CEO
William I. Foster
Website
Headquarters
Portsmouth
Founded
1998
FIGI
BBG000BBSC23
TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. It operates through the following segments: Banking, Realty, and Insurance. The Banking segment offers loan and deposit services to retail and commercial customers. The Realty segment focuses on the provision of residential real estate services and originations of a variety of mortgage loans. The Insurance segment includes the provision of full-service commercial and retail insurance, employee benefit services, and travel insurance. The company was founded by R. Scott Morgan on September 3, 1998 and is headquartered in Portsmouth, VA.
$TOWN #TowneBank #Long #Pattern #AscendingTriangles #ZenModeNice trade here with some fundamental analysis also working with you.
P/E Ratio of only 9.23
Profit margin of 30%
Operating margin of 74%!
Price Target of $21
We are going long here if we tap the bottom of this wedge again and run a bullish candle afterwards with confirmation.
GL Trading
TOWN: POSSIBLE GAINSHello traders!
As you can see from the chart above it is possible to identify a support and a resistance line. The price has just touched the support line, showing a nice ONE WHITE SOLDIER PATTERN. This is why I think that there is a high probability that the price will go up till our target. Furth
TOWN short trade on trendline breakTOWN broke its recent upward trendline today, creating a short trade possibility with a small risk and high reward.
Factors leading to the decision:
Major trend is down
Minor trend was up, and today price broke and closed below it
20-ma was recently lost, pulling moving average traders off
TOWN < LONG > 100 YEAR OPPORTUNITY^Wave5CompletionAs the title suggests. Towne Bank is currently at the best price you're likely to see. A long term investment to carry you into the next century.
Expecting elliot wave 5 completion in the Summer of the Year 2098.
long / short TOWNTOWN
Looking at the cyclical life of TOWN , it looks like the stock may have some room to grow. I would say advise buying short-term call options at close to price strike price. The company does not perform as well on the balance sheet side. I would advise executing the right to buy stock when th
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TOWN is 35.44 USD — it has increased by 1.03% in the past 24 hours. Watch Towne Bank stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Towne Bank stocks are traded under the ticker TOWN.
TOWN stock has risen by 8.81% compared to the previous week, the month change is a 7.49% rise, over the last year Towne Bank has showed a 41.03% increase.
We've gathered analysts' opinions on Towne Bank future price: according to them, TOWN price has a max estimate of 40.00 USD and a min estimate of 36.00 USD. Watch TOWN chart and read a more detailed Towne Bank stock forecast: see what analysts think of Towne Bank and suggest that you do with its stocks.
TOWN reached its all-time high on Nov 6, 2024 with the price of 36.50 USD, and its all-time low was 4.24 USD and was reached on Mar 21, 2000. View more price dynamics on TOWN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TOWN stock is 2.35% volatile and has beta coefficient of 0.77. Track Towne Bank stock price on the chart and check out the list of the most volatile stocks — is Towne Bank there?
Today Towne Bank has the market capitalization of 2.66 B, it has increased by 0.70% over the last week.
Yes, you can track Towne Bank financials in yearly and quarterly reports right on TradingView.
Towne Bank is going to release the next earnings report on Jan 23, 2025. Keep track of upcoming events with our Earnings Calendar.
TOWN earnings for the last quarter are 0.58 USD per share, whereas the estimation was 0.56 USD resulting in a 3.40% surprise. The estimated earnings for the next quarter are 0.48 USD per share. See more details about Towne Bank earnings.
Towne Bank revenue for the last quarter amounts to 174.50 M USD, despite the estimated figure of 180.36 M USD. In the next quarter, revenue is expected to reach 170.89 M USD.
TOWN net income for the last quarter is 42.95 M USD, while the quarter before that showed 42.86 M USD of net income which accounts for 0.22% change. Track more Towne Bank financial stats to get the full picture.
Yes, TOWN dividends are paid quarterly. The last dividend per share was 0.25 USD. As of today, Dividend Yield (TTM)% is 2.82%. Tracking Towne Bank dividends might help you take more informed decisions.
Towne Bank dividend yield was 3.29% in 2023, and payout ratio reached 47.60%. The year before the numbers were 2.89% and 34.18% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 2.78 K employees. See our rating of the largest employees — is Towne Bank on this list?
Like other stocks, TOWN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Towne Bank stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Towne Bank technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Towne Bank stock shows the buy signal. See more of Towne Bank technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.