SR Bancorp, Inc. (NASDAQ:SRBK - Get Free Report)'s stock price dropped 0.7% during trading on Thursday . The stock traded as low as $11.52 and last traded at $11.52. Approximately 22,045 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 22,634 shares. The stock had previously closed at $11.60.
SR Bancorp Price Performance
The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.15. The firm's 50-day moving average price is $12.09 and its two-hundred day moving average price is $11.41. The stock has a market cap of $108.51 million, a PE ratio of 195.78 and a beta of 0.91.
SR Bancorp (NASDAQ:SRBK - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.12 earnings per share for the quarter. SR Bancorp had a return on equity of 0.21% and a net margin of 0.95%.
Institutional Investors Weigh In On SR Bancorp
A number of institutional investors have recently added to or reduced their stakes in the stock. Arcus Capital Partners LLC purchased a new stake in shares of SR Bancorp during the third quarter valued at about $276,000. Fourthstone LLC purchased a new stake in SR Bancorp during the third quarter valued at approximately $756,000. Geode Capital Management LLC lifted its position in SR Bancorp by 30.7% during the third quarter. Geode Capital Management LLC now owns 93,372 shares of the company's stock valued at $1,041,000 after acquiring an additional 21,930 shares during the last quarter. Northern Trust Corp boosted its stake in SR Bancorp by 34.3% in the fourth quarter. Northern Trust Corp now owns 18,592 shares of the company's stock valued at $221,000 after acquiring an additional 4,748 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in SR Bancorp in the fourth quarter worth $3,384,000. Institutional investors own 24.70% of the company's stock.
SR Bancorp Company Profile
(
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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