Primis Financial (NASDAQ:FRST - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.12), Zacks reports. Primis Financial had a negative net margin of 2.97% and a negative return on equity of 2.05%.
Primis Financial Price Performance
Shares of NASDAQ FRST traded down $0.06 during mid-day trading on Tuesday, hitting $8.34. 56,314 shares of the stock traded hands, compared to its average volume of 71,102. Primis Financial has a twelve month low of $7.75 and a twelve month high of $13.52. The firm has a 50 day simple moving average of $9.40 and a two-hundred day simple moving average of $10.90. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.99 and a quick ratio of 0.86. The company has a market cap of $206.19 million, a PE ratio of -27.80 and a beta of 0.59.
Insider Buying and Selling at Primis Financial
In other Primis Financial news, Director John Fitzgerald Biagas purchased 10,000 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost of $9.97 per share, for a total transaction of $99,700.00. Following the transaction, the director now owns 88,469 shares in the company, valued at $882,035.93. The trade was a 12.74 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last three months, insiders bought 12,025 shares of company stock worth $122,058. 10.89% of the stock is currently owned by insiders.
Primis Financial Company Profile
(
Get Free Report)
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits.
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