Winchester Bancorp (NASDAQ:WSBK) Trading Up 0.2% - Time to Buy?

Key Points

• Winchester Bancorp shares rose 0.2% to $13.00, with trading volume reaching 28,332 shares—263% above the average daily volume.
• Analyst sentiment remains negative: Weiss Ratings upgraded the stock only from “sell (d-)” to “sell (d),” while MarketBeat reports an average rating of “Sell.”
• The company reported quarterly EPS of $0.14 on $7.36 million in revenue, with an 8.56% net margin and 3.74% return on equity. Several institutions, including BlackRock and Bank of America, recently initiated or increased positions.

Winchester Bancorp, Inc. (NASDAQ:WSBK - Get Free Report) shares were up 0.2% during trading on Friday . The company traded as high as $13.05 and last traded at $13.00. Approximately 28,332 shares traded hands during mid-day trading, an increase of 263% from the average daily volume of 7,806 shares. The stock had previously closed at $12.97.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Winchester Bancorp from a "sell (d-)" rating to a "sell (d)" rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Winchester Bancorp currently has an average rating of "Sell".

Winchester Bancorp Price Performance

The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market capitalization of $120.90 million, a price-to-earnings ratio of 26.53 and a beta of -0.37. The business has a fifty day moving average of $13.01 and a two-hundred day moving average of $12.79.

Winchester Bancorp (NASDAQ:WSBK - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.14 earnings per share (EPS) for the quarter. Winchester Bancorp had a return on equity of 3.74% and a net margin of 8.56%.The business had revenue of $7.36 million during the quarter.

Institutional Trading of Winchester Bancorp

A number of hedge funds have recently modified their holdings of the stock. Eastern Bank grew its stake in Winchester Bancorp by 60.0% in the 2nd quarter. Eastern Bank now owns 4,000 shares of the company's stock valued at $53,000 after buying an additional 1,500 shares during the last quarter. Bank of America Corp DE acquired a new stake in Winchester Bancorp during the second quarter worth approximately $91,000. Raymond James Financial Inc. bought a new stake in shares of Winchester Bancorp during the second quarter worth approximately $179,000. BlackRock Inc. bought a new stake in shares of Winchester Bancorp during the second quarter worth approximately $187,000. Finally, Geode Capital Management LLC acquired a new position in shares of Winchester Bancorp in the second quarter valued at approximately $188,000.

Winchester Bancorp Company Profile

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.

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