Equity Bancshares (NYSE:EQBK) Cut to "Sell" at Wall Street Zen

Key Points

• Equity Bancshares has been downgraded from a "hold" rating to a "sell" rating by Wall Street Zen, indicating a negative outlook from analysts.
• The stock opened at $41.35 on Friday and has a twelve-month trading range between $34.11 and $50.85.
• Equity Bancshares operates as a bank holding company, providing a variety of banking and financial services to individual and corporate clients.

Equity Bancshares (NYSE:EQBK - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Sunday.

Equity Bancshares Trading Down 0.3%

Shares of Equity Bancshares stock traded down $0.13 during midday trading on Friday, hitting $40.54. The company had a trading volume of 53,024 shares, compared to its average volume of 90,924. Equity Bancshares has a 1-year low of $34.11 and a 1-year high of $50.85. The company has a market cap of $779.18 million, a price-to-earnings ratio of 10.06 and a beta of 0.85. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.64.

Equity Bancshares Company Profile

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.