Bay Banks of Virginia Inc. (OTCMKTS:BAYK) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, July 13th.

Shares of Bay Banks of Virginia (BAYK) opened at 9.60 on Thursday. Bay Banks of Virginia has a 1-year low of $6.00 and a 1-year high of $9.65. The stock has a market cap of $90.23 million, a P/E ratio of 31.79 and a beta of 0.22. The company’s 50-day moving average is $9.38 and its 200 day moving average is $8.92.

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Bay Banks of Virginia Company Profile

Bay Banks of Virginia, Inc is a bank holding company that conducts its operations through its subsidiaries, Virginia Commonwealth Bank and Bay Trust Company. The Bank is a state-chartered bank and a member of the Federal Reserve System. It serves businesses, professionals and consumers with a range of financial services, including retail and commercial banking, investment services and mortgage banking.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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