Patriot National Bancorp, Inc. (NASDAQ:PNBK - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.82 and traded as high as $4.35. Patriot National Bancorp shares last traded at $4.32, with a volume of 121,727 shares changing hands.
Patriot National Bancorp Trading Up 2.9 %
The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 6.83. The company has a market capitalization of $318.49 million, a P/E ratio of -0.58 and a beta of 0.07. The business has a fifty day moving average price of $1.84 and a 200 day moving average price of $1.82.
Patriot National Bancorp (NASDAQ:PNBK - Get Free Report) last released its earnings results on Tuesday, April 15th. The bank reported ($2.40) EPS for the quarter. The firm had revenue of $6.59 million during the quarter. Patriot National Bancorp had a negative net margin of 45.58% and a negative return on equity of 81.22%.
Insider Buying and Selling
In other Patriot National Bancorp news, President Steven Sugarman purchased 7,019,978 shares of the business's stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of $0.75 per share, with a total value of $5,264,983.50. Following the transaction, the president now directly owns 7,019,978 shares of the company's stock, valued at $5,264,983.50. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 13.60% of the stock is currently owned by corporate insiders.
Patriot National Bancorp Company Profile
(
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Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.
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