Shares of Summit State Bank (NASDAQ:SSBI - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.88 and traded as high as $9.78. Summit State Bank shares last traded at $9.20, with a volume of 64,122 shares.
Summit State Bank Stock Up 1.6%
The stock's 50-day moving average is $8.86 and its 200-day moving average is $7.90. The firm has a market cap of $63.36 million, a P/E ratio of -17.31 and a beta of 0.14.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last announced its earnings results on Tuesday, April 29th. The bank reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $8.72 million for the quarter.
Institutional Investors Weigh In On Summit State Bank
Institutional investors and hedge funds have recently bought and sold shares of the business. Two Sigma Securities LLC bought a new stake in Summit State Bank in the 4th quarter valued at $89,000. Northern Trust Corp grew its holdings in shares of Summit State Bank by 46.7% in the 4th quarter. Northern Trust Corp now owns 16,662 shares of the bank's stock worth $127,000 after purchasing an additional 5,306 shares during the last quarter. Geode Capital Management LLC lifted its position in Summit State Bank by 6.5% during the 4th quarter. Geode Capital Management LLC now owns 53,004 shares of the bank's stock worth $405,000 after buying an additional 3,245 shares in the last quarter. Salzhauer Michael lifted its position in Summit State Bank by 30.1% during the 4th quarter. Salzhauer Michael now owns 102,046 shares of the bank's stock worth $781,000 after buying an additional 23,594 shares in the last quarter. Finally, M3F Inc. acquired a new position in Summit State Bank during the 4th quarter worth about $2,295,000.
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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