NEW YORK (

TheStreet

) --

Umpqua Holdings Corporation

(Nasdaq:

UMPQ

) hit a new 52-week low Thursday as it is currently trading at $8.47, below its previous 52-week low of $8.63 with 37,998 shares traded as of 9:36 a.m. ET. Average volume has been 972,400 shares over the past 30 days.

Umpqua has a market cap of $1.1 billion and is part of the

financial

sector and

banking

industry. Shares are down 28.7% year to date as of the close of trading on Wednesday.

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Umpqua Holdings Corporation operates as the bank holding company for Umpqua Bank that provides commercial and retail banking services to corporate, institutional, and individual customers primarily in the areas of Oregon, northern California, and Washington. The company has a P/E ratio of 22.3, below the average banking industry P/E ratio of 23.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Umpqua as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full

Umpqua Ratings Report

.

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