Insider Buying: Versabank (VB) Insider Acquires 1,700 Shares of Stock
Versabank (TSE:VB) insider Ross P. Duggan purchased 1,700 shares of the firm’s stock in a transaction on Thursday, October 5th. The stock was bought at an average price of C$5.90 per share, with a total value of C$10,030.00.
Versabank (TSE:VB) traded down 2.54% during mid-day trading on Friday, hitting $5.75. The stock had a trading volume of 2,818 shares. The stock has a market cap of $121.46 million and a PE ratio of 7.25. Versabank has a 1-year low of $4.27 and a 1-year high of $6.19. The firm’s 50-day moving average price is $5.20 and its 200-day moving average price is $4.79.
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VersaBank, a schedule I bank, provides banking products and services using an electronic branchless model in Canada. It offers savings and investment products through a network of financial advisors and deposit brokers, such as guaranteed investment certificates, tax-free savings accounts, savings, and registered retirement savings plans.
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