Analysts at StockNews.com started coverage on shares of Evans Bancorp (NYSE:EVBN - Get Free Report) in a note issued to investors on Tuesday. The firm set a "hold" rating on the stock.
Evans Bancorp Trading Down 0.6 %
Evans Bancorp stock traded down $0.24 during midday trading on Tuesday, reaching $43.10. The stock had a trading volume of 10,281 shares, compared to its average volume of 20,100. Evans Bancorp has a 12 month low of $24.07 and a 12 month high of $46.21. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $238.77 million, a P/E ratio of 12.94 and a beta of 0.92.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Evans Bancorp stock. ABC Arbitrage SA bought a new stake in shares of Evans Bancorp Inc (NYSE:EVBN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 55,814 shares of the company's stock, valued at approximately $2,417,000. ABC Arbitrage SA owned about 1.01% of Evans Bancorp as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 67.10% of the company's stock.
Evans Bancorp Company Profile
(
Get Free Report)
Evans Bancorp, Inc primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities.
Featured Articles
Before you consider Evans Bancorp, 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 Evans Bancorp wasn't on the list.
While Evans Bancorp currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
