James H. Jr. Glen Sells 3,451 Shares of Select Bancorp Inc. (SLCT) Stock
Select Bancorp Inc. (NASDAQ:SLCT) Director James H. Jr. Glen sold 3,451 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $8.24, for a total value of $28,436.24. Following the transaction, the director now directly owns 20,494 shares of the company’s stock, valued at $168,870.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Select Bancorp Inc. (NASDAQ:SLCT) traded down 0.46% during trading on Friday, hitting $8.71. The stock had a trading volume of 452 shares. The stock’s 50-day moving average price is $8.23 and its 200 day moving average price is $8.15. Select Bancorp Inc. has a one year low of $7.32 and a one year high of $9.44. The stock has a market cap of $101.30 million, a price-to-earnings ratio of 16.13 and a beta of 0.32.
Separately, Zacks Investment Research raised Select Bancorp from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a report on Friday, August 26th.
About Select Bancorp
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
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