SR Bancorp (NASDAQ:SRBK - Get Free Report) announced its earnings results on Friday. The company reported $0.12 earnings per share for the quarter, Zacks reports. SR Bancorp had a net margin of 0.95% and a return on equity of 0.21%.
SR Bancorp Trading Down 0.7 %
SR Bancorp stock traded down $0.09 during midday trading on Tuesday, reaching $12.35. The stock had a trading volume of 18,674 shares, compared to its average volume of 27,662. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.10. The firm has a market cap of $116.61 million, a price-to-earnings ratio of 205.87 and a beta of 0.84. SR Bancorp has a 52-week low of $8.94 and a 52-week high of $12.76. The company has a fifty day moving average of $11.92 and a 200 day moving average of $11.00.
Insider Buying and Selling at SR Bancorp
In other SR Bancorp news, insider David M. Orbach bought 10,000 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $11.75 per share, for a total transaction of $117,500.00. Following the completion of the transaction, the insider now owns 140,000 shares in the company, valued at $1,645,000. This trade represents a 7.69 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.60% of the company's stock.
About SR Bancorp
(
Get Free Report)
SR Bancorp, Inc operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit.
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