National Bankshares (NKSH) Rating Lowered to Strong Sell at BidaskClub
National Bankshares (NASDAQ:NKSH) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Thursday.
NKSH stock traded up $0.15 during trading on Thursday, reaching $46.10. 2,957 shares of the stock traded hands, compared to its average volume of 4,141. National Bankshares has a 52-week low of $36.75 and a 52-week high of $49.75. The company has a market cap of $317.98 million, a PE ratio of 20.87 and a beta of 0.21.
National Bankshares (NASDAQ:NKSH) last posted its quarterly earnings results on Friday, July 27th. The bank reported $0.62 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.04). National Bankshares had a net margin of 26.73% and a return on equity of 8.26%.
About National Bankshares
National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposits, and individual retirement accounts Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties.
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