Blue Ridge Bankshares (NASDAQ:BRBS) Stock Price Down 2.3% - Here's Why

Key Points

• Shares fell 2.3% to $3.87 (intraday low $3.76) on heavy trading — 811,663 shares changed hands, a 277% jump above average volume, signaling elevated investor activity.
• The stock trades below its 50- and 200-day moving averages (~$4.23–$4.26) and shows a negative P/E (-6.05)
• Institutional investors hold roughly 50.5% of the shares and several institutions have recently added small positions, indicating modest but growing institutional interest despite limited dollar amounts.

Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Get Free Report)'s share price traded down 2.3% on Friday . The company traded as low as $3.76 and last traded at $3.87. 811,663 shares were traded during mid-day trading, an increase of 277% from the average session volume of 215,095 shares. The stock had previously closed at $3.96.

Blue Ridge Bankshares Stock Performance

The company has a market cap of $354.06 million, a price-to-earnings ratio of -6.05 and a beta of 0.84. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. The company has a fifty day moving average of $4.23 and a two-hundred day moving average of $4.26.

Institutional Investors Weigh In On Blue Ridge Bankshares

A number of institutional investors have recently modified their holdings of BRBS. BNP Paribas Financial Markets grew its position in shares of Blue Ridge Bankshares by 436.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,434 shares of the company's stock worth $27,000 after buying an additional 6,048 shares during the period. MV Capital Management Inc. acquired a new position in shares of Blue Ridge Bankshares during the 4th quarter valued at $28,000. Polymer Capital Management HK LTD acquired a new position in shares of Blue Ridge Bankshares during the 3rd quarter valued at $44,000. ProShare Advisors LLC bought a new position in Blue Ridge Bankshares during the second quarter worth $47,000. Finally, DAVENPORT & Co LLC acquired a new stake in Blue Ridge Bankshares in the third quarter worth $59,000. 50.48% of the stock is owned by institutional investors.

About Blue Ridge Bankshares

Blue Ridge Bankshares, Inc is a bank holding company headquartered in Fort Valley, Virginia. Through its wholly owned subsidiary, Blue Ridge Bank, it offers a comprehensive suite of commercial and consumer banking services to individuals, businesses and agricultural clients. The company emphasizes a relationship-driven approach, leveraging local knowledge to deliver customized financial solutions.

Its product lineup includes deposit offerings such as checking, savings and money market accounts, as well as certificates of deposit.

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