Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Get Free Report) traded down 0.9% during trading on Monday . The company traded as low as $3.42 and last traded at $3.42. 181,730 shares traded hands during trading, a decline of 20% from the average session volume of 227,616 shares. The stock had previously closed at $3.45.
Blue Ridge Bankshares Trading Up 2.9 %
The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The company's 50 day moving average is $2.90 and its 200-day moving average is $2.83.
Blue Ridge Bankshares (NASDAQ:BRBS - Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported $0.01 earnings per share for the quarter. Blue Ridge Bankshares had a negative net margin of 10.60% and a negative return on equity of 7.44%. The company had revenue of $21.84 million during the quarter.
Hedge Funds Weigh In On Blue Ridge Bankshares
Several institutional investors have recently made changes to their positions in BRBS. Empowered Funds LLC grew its stake in Blue Ridge Bankshares by 8.1% during the 1st quarter. Empowered Funds LLC now owns 53,612 shares of the company's stock worth $144,000 after buying an additional 4,025 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Blue Ridge Bankshares by 1.0% in the first quarter. Vanguard Group Inc. now owns 853,525 shares of the company's stock valued at $2,296,000 after acquiring an additional 8,057 shares in the last quarter. Walleye Capital LLC bought a new stake in Blue Ridge Bankshares during the third quarter worth approximately $34,000. Fiduciary Trust Co bought a new position in Blue Ridge Bankshares during the third quarter valued at about $38,000. Finally, Ground Swell Capital LLC acquired a new position in Blue Ridge Bankshares during the second quarter worth about $36,000. 50.48% of the stock is owned by institutional investors.
About Blue Ridge Bankshares
(
Get Free Report)
Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.
Featured Articles
Before you consider Blue Ridge Bankshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Ridge Bankshares wasn't on the list.
While Blue Ridge Bankshares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
