NEW YORK (

TheStreet

) --

Wilshire Bancorp

(Nasdaq:

WIBC

) hit a new 52-week low Friday as it is currently trading at $2.90, below its previous 52-week low of $2.91 with 26,114 shares traded as of 10:27 a.m. ET. Average volume has been 960,600 shares over the past 30 days.

Wilshire has a market cap of $88.7 million and is part of the

financial

sector and

banking

industry. Shares are down 61.3% year to date as of the close of trading on Thursday.

Wilshire Bancorp, Inc. operates as the bank holding company for Wilshire State Bank that offers a range of financial products and services.

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TheStreet Ratings rates Wilshire as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full

Wilshire Ratings Report

.

See all

52-week low stocks

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.

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