Summit State Bank (NASDAQ:SSBI - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.03 and traded as high as $11.72. Summit State Bank shares last traded at $11.62, with a volume of 2,749 shares trading hands.
Summit State Bank Stock Up 3.4%
The firm has a market cap of $82.72 million, a price-to-earnings ratio of -32.11 and a beta of 0.18. The stock has a fifty day moving average price of $10.51 and a 200-day moving average price of $9.09.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The bank reported $0.36 earnings per share for the quarter.
Institutional Trading of Summit State Bank
Several institutional investors and hedge funds have recently made changes to their positions in SSBI. M3F Inc. raised its holdings in shares of Summit State Bank by 0.5% in the 1st quarter. M3F Inc. now owns 301,433 shares of the bank's stock worth $2,782,000 after purchasing an additional 1,433 shares during the period. Northern Trust Corp grew its stake in 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 purchasing an additional 5,306 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Summit State Bank during the 4th quarter valued at approximately $89,000. Salzhauer Michael grew its stake in 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 purchasing an additional 23,594 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Summit State Bank by 6.5% in 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 in 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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