Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Get Free Report) shot up 2.1% during trading on Friday . The company traded as high as $3.39 and last traded at $3.37. 289,926 shares were traded during trading, a decline of 13% from the average session volume of 334,863 shares. The stock had previously closed at $3.30.
Blue Ridge Bankshares Price Performance
The firm has a market cap of $247.75 million, a PE ratio of -3.70 and a beta of 0.81. The firm's fifty day simple moving average is $3.30 and its two-hundred day simple moving average is $2.94. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.
Blue Ridge Bankshares (NASDAQ:BRBS - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.01 EPS for the quarter. The firm had revenue of $21.84 million for the quarter. Blue Ridge Bankshares had a negative net margin of 10.60% and a negative return on equity of 7.44%.
Hedge Funds Weigh In On Blue Ridge Bankshares
Hedge funds have recently made changes to their positions in the business. Emerald Mutual Fund Advisers Trust purchased a new position in shares of Blue Ridge Bankshares in the second quarter worth $52,000. Ground Swell Capital LLC purchased a new stake in Blue Ridge Bankshares in the 2nd quarter worth $36,000. BlackBarn Capital Partners LP purchased a new stake in Blue Ridge Bankshares in the 2nd quarter worth $12,274,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Blue Ridge Bankshares during the 2nd quarter valued at about $73,000. Finally, AQR Capital Management LLC purchased a new position in shares of Blue Ridge Bankshares during the second quarter valued at about $72,000. Institutional investors own 50.48% of the company's stock.
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.
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