BayCom Corp. (BCML) Stock Price Hits 52-Week High Today

May 18, 2018 - By Peter Erickson

The stock of BayCom Corp. (NASDAQ:BCML) hit a new 52-week high and has $25.20 target or 4.00 % above today’s $24.23 share price. The 7 months bullish chart indicates low risk for the $259.84M company. The 1-year high was reported on May, 18 by Barchart.com. If the $25.20 price target is reached, the company will be worth $10.39 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 1.10% or $0.2694 during the last trading session, reaching $24.2306. About 2,331 shares traded. BayCom Corp. (NASDAQ:BCML) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await BayCom Corp. (NASDAQ:BCML) to report earnings on July, 24. They expect $0.37 EPS, up 37.04 % or $0.10 from last year’s $0.27 per share. BCML’s profit will be $3.97M for 16.37 P/E if the $0.37 EPS becomes a reality. After $0.54 actual EPS reported by BayCom Corp. for the previous quarter, Wall Street now forecasts -31.48 % negative EPS growth.

More notable recent BayCom Corp. (NASDAQ:BCML) news were published by: Bizjournals.com which released: “The Funded: A Bay Area bank IPO, three fundings and a sale highlight start of week” on May 07, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” published on May 17, 2018, Nasdaq.com published: “Market Shrugs Off Unemployment Data” on May 04, 2018. More interesting news about BayCom Corp. (NASDAQ:BCML) were released by: 247Wallst.com and their article: “IPO News This Week: AXA Equitable Seeks $3.5 Billion” published on May 06, 2018 as well as Globenewswire.com‘s news article titled: “BayCom Corp Launches Initial Public Offering” with publication date: April 27, 2018.

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