Summit State Bank (NASDAQ:SSBI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.72 and traded as high as $11.72. Summit State Bank shares last traded at $11.63, with a volume of 22,405 shares traded.
Summit State Bank Trading Up 1.2%
The company's 50 day moving average price is $10.01 and its two-hundred day moving average price is $8.77. The firm has a market cap of $80.51 million, a PE ratio of -31.26 and a beta of 0.18.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last released its earnings results on Tuesday, April 29th. The bank reported $0.37 earnings per share for the quarter. The firm had revenue of $8.72 million for the quarter.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. M3F Inc. lifted its stake in shares of Summit State Bank by 0.5% during the 1st quarter. M3F Inc. now owns 301,433 shares of the bank's stock valued at $2,782,000 after buying an additional 1,433 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Summit State Bank by 46.7% during the 4th quarter. Northern Trust Corp now owns 16,662 shares of the bank's stock valued at $127,000 after buying an additional 5,306 shares in the last quarter. Two Sigma Securities LLC purchased a new position in shares of Summit State Bank during the 4th quarter valued at $89,000. Salzhauer Michael lifted its stake in shares of Summit State Bank by 30.1% during the 4th quarter. Salzhauer Michael now owns 102,046 shares of the bank's stock valued at $781,000 after buying an additional 23,594 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Summit State Bank by 6.5% in the 4th quarter. Geode Capital Management LLC now owns 53,004 shares of the bank's stock valued at $405,000 after acquiring an additional 3,245 shares during the last quarter.
About Summit State Bank
(
Get Free Report)
Summit State Bank engages in providing an array of financial services to small and medium-sized businesses, their owners and employees, entrepreneurs, high net worth families, foundations, estates, and individual consumers. It specializes in business services, personal accounts, nonprofit programs, and mobile banking ranging from lending, checking, merchant, eBanking, automated teller machines, equity loans, and others.
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