Momentum Stocks in Concentration: ABB Ltd (NYSE:ABB), First BanCorp. (NYSE:FBP)

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ABB Ltd (NYSE:ABB)

ABB Ltd (NYSE:ABB) represented a move of -1.16 percent or $0.21 per share and closed its previous day trading session at $20.39. 1.46 Million Shares were traded in the last trading session with an Average Volume of 2.26 Million Shares. The stock currently has a Market Capitalization of 43.75 Billion.

ABB Ltd, headquartered in Zurich, Switzerland, is engaged in providing power and automation technologies for its utility and industrial customers. The Company provides a range of products, systems, solutions and services that are designed to improve power grid reliability, increase industrial productivity and enhance energy efficiency. ABB is focused on power transmission, distribution and power-plant automation and serves electric, gas and water utilities, as well as industrial and commercial customers. Its Power Products division manufactures three categories of products: High-voltage Products, Medium-voltage Products and Transformers. The key technologies include high- and medium-voltage switchgear, circuit breakers for various current and voltage levels, power and distribution transformers, as well as sensors and products to automate and control electrical and other utility networks. ABB Ltd is structured into four regions: Europe, the Americas, Asia and the Middle East and Africa (MEA).

The stock traded between $19.08 and $28.67 over 1-Year time period showing its price to sales ratio of 1.21. ABB Ltd (NYSE:ABB) is currently showing an DECREASING volatility over a period of 10-Days while the 20-Days Volatility showing a INCREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $-8.53 and 200-Day Simple Moving Average of $-12.25. Its Price to Free Cash Flow is 22.75 and Price to Book of 3.08.

Analyst’s recommended the stock as 2.3 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, ABB Ltd (NYSE:ABB) reported its Actual EPS of $0.34/share. The analysts offering Earnings Estimates for the company were believing that ABB Ltd could bring EPS of $0.37/share. The difference between Actual EPS and Estimated EPS was -0.03 Percent. Thus showing an Earnings Surprise of -8.1 Percent.

First BanCorp. (NYSE:FBP)

In the last trading session, First BanCorp. (NYSE:FBP) added its value by 1.37% closing at the price of $9.61. The stock currently has market capitalization of 2.07 Billion, with average volume of 2.2 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently First BanCorp. (NYSE:FBP) is showing beta of 1.71. This particular value of beta suggests that First BanCorp. (NYSE:FBP) has historically moved 171% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for First BanCorp. (NYSE:FBP) is at $0.35.

The stock currently has RSI of 65.88. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices, the Corporation has offered a telephone information service called Telebanco since 1983. This was the first telebanking service offered in Puerto Rico. The Corporation’s clients have access to an extensive ATM network all over the world. The Corporation was the first in Puerto Rico to open on weekends and the first to offer in-store branches to its clients.

First BanCorp. (NYSE:FBP) topped its 52-week high price of $9.68 on 11/08/18 and 52-Week Low Price of $4.48 on 11/14/17. The Stock currently has P/E (price to earnings ttm) of 27.77 and Weekly volatility of 2.33% and monthly volatility of 3.59% respectively.