Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Glen Burnie Bancorp (NASDAQ:GLBZGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.86 and traded as high as $5.65. Glen Burnie Bancorp shares last traded at $5.56, with a volume of 6,066 shares changing hands.

Glen Burnie Bancorp Price Performance

The stock’s 50-day simple moving average is $5.31 and its 200 day simple moving average is $4.87. The firm has a market cap of $15.92 million, a P/E ratio of 15.71 and a beta of 0.63.

Glen Burnie Bancorp (NASDAQ:GLBZGet Free Report) last announced its earnings results on Friday, July 26th. The financial services provider reported ($0.07) EPS for the quarter. Glen Burnie Bancorp had a net margin of 3.41% and a return on equity of 3.04%. The business had revenue of $3.03 million for the quarter.

About Glen Burnie Bancorp

(Get Free Report)

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.

Further Reading

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