Summit State Bank (NASDAQ:SSBI - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.65 and traded as high as $8.87. Summit State Bank shares last traded at $8.82, with a volume of 19,570 shares changing hands.
Summit State Bank Stock Performance
The stock has a market cap of $59.16 million, a P/E ratio of -16.17 and a beta of 0.61. The stock's fifty day simple moving average is $7.58 and its 200-day simple moving average is $7.65.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The bank reported ($0.37) earnings per share for the quarter.
Institutional Investors Weigh In On Summit State Bank
Several institutional investors and hedge funds have recently bought and sold shares of SSBI. Two Sigma Securities LLC bought a new stake in Summit State Bank during the fourth quarter worth about $89,000. Creative Planning bought a new stake in shares of Summit State Bank during the 3rd quarter worth $116,000. Northern Trust Corp lifted its position 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 buying an additional 5,306 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Summit State Bank by 6.5% during the 4th 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 during the last quarter. Finally, Salzhauer Michael lifted its position in shares of Summit State Bank by 30.1% during the 4th quarter. Salzhauer Michael now owns 102,046 shares of the bank's stock worth $781,000 after buying an additional 23,594 shares during the last quarter.
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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