Winchester Bancorp (NASDAQ:WSBK) Receives "Sell (E)" Rating from Weiss Ratings

Key Points

• Winchester Bancorp (NASDAQ:WSBK) has been restated with a "sell (E)" rating by Weiss Ratings, indicating negative sentiment towards the stock.
• The company's stock price fell by 0.5%, closing at $9.65, with trading volumes significantly lower than its average.
• Multiple institutional investors, including Bank of America Corp DE and Raymond James Financial Inc., have recently acquired new positions in Winchester Bancorp, signaling interest in the company despite its current challenges.

Winchester Bancorp (NASDAQ:WSBK - Get Free Report)'s stock had its "sell (e)" rating restated by equities researchers at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Winchester Bancorp Stock Down 0.5%

Shares of NASDAQ WSBK traded down $0.05 during mid-day trading on Wednesday, hitting $9.65. The company's stock had a trading volume of 2,941 shares, compared to its average volume of 22,535. The company has a fifty day simple moving average of $9.48. Winchester Bancorp has a one year low of $8.76 and a one year high of $10.10. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27.

Institutional Trading of Winchester Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE bought a new position in Winchester Bancorp during the second quarter worth $91,000. Raymond James Financial Inc. acquired a new position in Winchester Bancorp in the second quarter valued at about $179,000. M3F Inc. acquired a new position in Winchester Bancorp in the second quarter valued at about $531,000. EagleClaw Capital Managment LLC acquired a new position in Winchester Bancorp during the second quarter worth about $143,000. Finally, Geode Capital Management LLC acquired a new position in Winchester Bancorp during the second quarter worth about $188,000.

About Winchester Bancorp

Winchester Bancorp, MHC will be formed as the Massachusetts-chartered mutual holding company of Winchester Bancorp, Inc in connection with the reorganization of Winchester Savings Bank into the “two-tier”mutual holding company form of organization. Upon completion of the reorganization and offering, Winchester Bancorp, MHC will own 55% of Winchester Bancorp, Inc's common stock.

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