NewStar Financial Reaches New 1-Year Low at $10.58 (NEWS)
NewStar Financial (NASDAQ:NEWS) reached a new 52-week low on Monday , AmericanBankingNews.com reports. The company traded as low as $10.58 and last traded at $10.65, with a volume of 12,029 shares traded. The stock had previously closed at $10.99.
The stock’s 50-day moving average is $13.1 and its 200-day moving average is $15.35. The company has a market cap of $525.1 million and a P/E ratio of 23.89.
NewStar Financial (NASDAQ:NEWS) last released its earnings data on Wednesday, February 12th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.01. Analysts expect that NewStar Financial will post $0.50 EPS for the current fiscal year.
NewStar Financial, Inc (NASDAQ:NEWS) is a specialized commercial finance company.
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