Summit State Bank (NASDAQ:SSBI - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.22 and traded as high as $12.23. Summit State Bank shares last traded at $11.90, with a volume of 17,681 shares.
Summit State Bank Trading Down 1.7%
The firm has a market cap of $80.68 million, a PE ratio of -74.38 and a beta of 0.16. The stock has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $9.22.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The bank reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $9.49 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Two Sigma Securities LLC bought a new stake in Summit State Bank during the fourth quarter valued at approximately $89,000. Northern Trust Corp raised its position 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. Geode Capital Management LLC lifted its holdings in shares of 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 acquiring an additional 3,245 shares during the last quarter. Salzhauer Michael grew its position in Summit State Bank by 30.1% in the fourth quarter. Salzhauer Michael now owns 102,046 shares of the bank's stock worth $781,000 after acquiring an additional 23,594 shares in the last quarter. Finally, M3F Inc. purchased a new position in Summit State Bank in the fourth quarter worth $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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