Summit State Bank (NASDAQ:SSBI - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.65 and traded as high as $8.69. Summit State Bank shares last traded at $8.50, with a volume of 8,083 shares trading hands.
Summit State Bank Stock Performance
The stock has a market capitalization of $64.31 million, a P/E ratio of -17.57 and a beta of 0.61. The stock has a 50-day simple moving average of $7.67 and a 200 day simple moving average of $7.63.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The bank reported ($0.37) EPS for the quarter.
Institutional Investors Weigh In On Summit State Bank
Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in Summit State Bank by 6.5% in the fourth quarter. Geode Capital Management LLC now owns 53,004 shares of the bank's stock valued at $405,000 after acquiring an additional 3,245 shares during the last quarter. Northern Trust Corp boosted its position in shares of Summit State Bank by 46.7% in 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. Two Sigma Securities LLC acquired a new stake in shares of Summit State Bank during the fourth quarter worth $89,000. Salzhauer Michael grew 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 worth $781,000 after purchasing an additional 23,594 shares during the period. Finally, M3F Inc. bought a new stake in Summit State Bank in the fourth quarter valued at about $2,295,000.
Summit State Bank Company Profile
(
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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.
Further Reading
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