Umpqua Reaches New 52-Week High (UMPQ)

NEW YORK ( TheStreet) -- Umpqua Holdings Corporation (Nasdaq: UMPQ) hit a new 52-week high Monday as it is currently trading at $13.54, above its previous 52-week high of $13.52 with 9,463 shares traded as of 9:35 a.m. ET. Average volume has been 973,900 shares over the past 30 days.

Umpqua has a market cap of $1.47 billion and is part of the financial sector and banking industry. Shares are up 8.1% year to date as of the close of trading on Friday.

Umpqua Holdings Corporation operates as a holding company for Umpqua Bank and Umpqua Investments, Inc. The company has a P/E ratio of 20.4, below the average banking industry P/E ratio of 24.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Umpqua as a buy. 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, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Umpqua Ratings Report.

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