Winchester Bancorp (NASDAQ:WSBK) Trading Down 0.1% - Here's Why

Key Points

• Winchester Bancorp shares slipped 0.1% to $12.9750 in mid-day trading, with volume down 64% from its average.
• Weiss Ratings reaffirmed a “sell (d)” rating, and the stock has a consensus “Sell” rating from the one analyst covering it.
• The company reported quarterly earnings of $0.14 per share on $7.36 million in revenue, with a 3.74% return on equity and an 8.56% net margin.

Winchester Bancorp, Inc. (NASDAQ:WSBK - Get Free Report) shares dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $12.96 and last traded at $12.9750. Approximately 4,438 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 12,320 shares. The stock had previously closed at $12.99.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of Winchester Bancorp in a research report on Thursday, August 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Winchester Bancorp currently has a consensus rating of "Sell".

Winchester Bancorp Stock Performance

The business has a 50-day moving average price of $13.02 and a 200-day moving average price of $12.93. The firm has a market capitalization of $120.67 million, a price-to-earnings ratio of 26.48 and a beta of -0.38. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23.

Winchester Bancorp (NASDAQ:WSBK - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.14 earnings per share for the quarter. Winchester Bancorp had a return on equity of 3.74% and a net margin of 8.56%.The firm had revenue of $7.36 million during the quarter.

Hedge Funds Weigh In On Winchester Bancorp

Hedge funds have recently modified their holdings of the stock. M3 Wealth Management LLC purchased a new stake in Winchester Bancorp during the 4th quarter worth approximately $732,000. Northstar Financial Companies Inc. purchased a new position in shares of Winchester Bancorp in the second quarter worth $920,000. Integrated Wealth Concepts LLC raised its holdings in shares of Winchester Bancorp by 3.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company's stock worth $596,000 after buying an additional 2,000 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Winchester Bancorp during the fourth quarter worth $277,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of Winchester Bancorp by 77.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company's stock worth $200,000 after buying an additional 8,377 shares during the period.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.

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