Summit State Bank (NASDAQ:SSBI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 Trading Up 0.2%
The company has a 50 day simple moving average of $10.46 and a 200 day simple moving average of $9.03. The stock has a market cap of $78.78 million, a P/E ratio of -30.58 and a beta of 0.18.
Summit State Bank (NASDAQ:SSBI - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $8.72 million during the quarter.
Hedge Funds Weigh In On Summit State Bank
Large investors have recently modified their holdings of the business. M3F Inc. increased its position in shares of Summit State Bank by 0.5% in the first quarter. M3F Inc. now owns 301,433 shares of the bank's stock valued at $2,782,000 after acquiring an additional 1,433 shares during the last quarter. Northern Trust Corp raised 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 worth $127,000 after purchasing an additional 5,306 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in shares of Summit State Bank in the 4th quarter valued at approximately $89,000. Salzhauer Michael grew its stake in shares of Summit State Bank by 30.1% in the fourth 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% during the fourth 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 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.
Further Reading
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