Glen Burnie Bancorp (NASDAQ:GLBZ – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.59 and traded as low as $4.50. Glen Burnie Bancorp shares last traded at $4.50, with a volume of 7,537 shares.
Glen Burnie Bancorp Trading Up 0.2%
The business’s fifty day moving average price is $4.74 and its two-hundred day moving average price is $4.59. The firm has a market cap of $13.24 million, a P/E ratio of 451.45 and a beta of 0.16.
Institutional Trading of Glen Burnie Bancorp
An institutional investor recently bought a new position in Glen Burnie Bancorp stock. Raymond James Financial Inc. purchased a new position in shares of Glen Burnie Bancorp (NASDAQ:GLBZ – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,514 shares of the financial services provider’s stock, valued at approximately $58,000. Raymond James Financial Inc. owned approximately 0.40% of Glen Burnie Bancorp as of its most recent filing with the SEC. 9.78% of the stock is currently owned by hedge funds and other institutional investors.
Glen Burnie Bancorp Company Profile
Glen Burnie Bancorp, Inc is a bank holding company headquartered in Glen Burnie, Maryland. Established in 2003, the company conducts its banking operations through its wholly owned subsidiary, South River Bank, offering community banking services to individuals and businesses throughout the Baltimore–Washington metropolitan area.
South River Bank provides a comprehensive range of financial products and services, including checking and savings accounts, certificates of deposit, money market accounts, and consumer lending solutions such as residential mortgages and home equity lines of credit.
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