Southside Bancshares (NYSE:SBSI - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.
Southside Bancshares Price Performance
SBSI stock traded down $0.45 during mid-day trading on Friday, hitting $30.68. The stock had a trading volume of 67,252 shares, compared to its average volume of 112,191. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.28. Southside Bancshares has a 52 week low of $25.85 and a 52 week high of $38.00. The firm has a market cap of $926.84 million, a P/E ratio of 10.54 and a beta of 0.67.
About Southside Bancshares
(
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Southside Bancshares, Inc operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit.
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