Winchester Bancorp (NASDAQ:WSBK) Releases Quarterly Earnings Results

Key Points

• Winchester Bancorp reported quarterly earnings of $0.11 per share on Wednesday, with stock trading down to $9.47.
• The company has a debt-to-equity ratio of 1.27 and an average stock rating of "Sell" by analysts, indicating cautious sentiment towards the stock.
• Several institutional investors, including Bank of America and Geode Capital Management, have recently acquired positions in Winchester Bancorp shares.

Winchester Bancorp (NASDAQ:WSBK - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.11 earnings per share for the quarter, Zacks reports.

Winchester Bancorp Stock Performance

Shares of NASDAQ WSBK traded down $0.16 during midday trading on Wednesday, hitting $9.47. The stock had a trading volume of 3,627 shares, compared to its average volume of 20,946. Winchester Bancorp has a 1-year low of $8.76 and a 1-year high of $10.10. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The business has a fifty day moving average of $9.52.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "sell (e)" rating on shares of Winchester Bancorp in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of "Sell".

Hedge Funds Weigh In On Winchester Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in shares of Winchester Bancorp in the 2nd quarter valued at approximately $91,000. Raymond James Financial Inc. acquired a new position in shares of Winchester Bancorp in the 2nd quarter valued at approximately $179,000. Finally, Geode Capital Management LLC acquired a new position in shares of Winchester Bancorp in the 2nd quarter valued at approximately $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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