National Bankshares, Inc. (NASDAQ:NKSH - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.55 and traded as high as $32.00. National Bankshares shares last traded at $31.99, with a volume of 9,823 shares trading hands.
National Bankshares Trading Down 0.8 %
The business has a 50 day simple moving average of $29.62 and a two-hundred day simple moving average of $29.58. The stock has a market cap of $201.90 million, a price-to-earnings ratio of 22.06 and a beta of 0.56.
National Bankshares (NASDAQ:NKSH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.17). The business had revenue of $19.36 million during the quarter, compared to analyst estimates of $11.43 million. National Bankshares had a net margin of 11.44% and a return on equity of 6.11%. Research analysts anticipate that National Bankshares, Inc. will post 1.94 EPS for the current fiscal year.
Institutional Investors Weigh In On National Bankshares
Institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of National Bankshares by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,268 shares of the bank's stock worth $486,000 after purchasing an additional 550 shares during the last quarter. Eagle Ridge Investment Management bought a new position in shares of National Bankshares in the third quarter valued at $211,000. Sanctuary Advisors LLC acquired a new stake in shares of National Bankshares during the 2nd quarter valued at $226,000. Brandes Investment Partners LP grew its holdings in shares of National Bankshares by 14.4% in the 2nd quarter. Brandes Investment Partners LP now owns 135,937 shares of the bank's stock worth $3,839,000 after acquiring an additional 17,149 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of National Bankshares by 2.4% during the second quarter. Renaissance Technologies LLC now owns 21,370 shares of the bank's stock valued at $604,000 after purchasing an additional 500 shares during the last quarter. Institutional investors and hedge funds own 29.73% of the company's stock.
National Bankshares Company Profile
(
Get Free Report)
National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.
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