Summit State Bank (NASDAQ:SSBI - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.67 and traded as high as $9.50. Summit State Bank shares last traded at $9.03, with a volume of 4,165 shares.
Summit State Bank Stock Down 1.2 %
The company has a market cap of $61.84 million, a price-to-earnings ratio of -16.90 and a beta of 0.61. The company has a fifty day simple moving average of $8.04 and a two-hundred day simple moving average of $7.69.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last announced its earnings results on Tuesday, January 28th. The bank reported ($0.37) earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Summit State Bank
A number of institutional investors have recently made changes to their positions in SSBI. Two Sigma Securities LLC purchased a new stake in Summit State Bank during the 4th quarter worth about $89,000. Northern Trust Corp boosted its stake in shares of Summit State Bank by 46.7% during the 4th quarter. Northern Trust Corp now owns 16,662 shares of the bank's stock worth $127,000 after purchasing an additional 5,306 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Summit State Bank by 6.5% during the fourth quarter. Geode Capital Management LLC now owns 53,004 shares of the bank's stock worth $405,000 after buying an additional 3,245 shares in the last quarter. Salzhauer Michael lifted its stake in shares of Summit State Bank by 30.1% during the fourth quarter. Salzhauer Michael now owns 102,046 shares of the bank's stock valued at $781,000 after buying an additional 23,594 shares during the period. Finally, M3F Inc. acquired a new stake in Summit State Bank during the fourth quarter worth approximately $2,295,000.
About Summit State Bank
(
Get Free Report)
Summit State Bank engages in providing an array of financial services to small and medium-sized businesses, their owners and employees, entrepreneurs, high net worth families, foundations, estates, and individual consumers. It specializes in business services, personal accounts, nonprofit programs, and mobile banking ranging from lending, checking, merchant, eBanking, automated teller machines, equity loans, and others.
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