Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Cross Above 200-Day Moving Average of $10.75
Glen Burnie Bancorp (NASDAQ:GLBZ)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.75 and traded as high as $11.60. Glen Burnie Bancorp shares last traded at $11.60, with a volume of 1 shares trading hands.
Separately, ValuEngine upgraded Glen Burnie Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.
The stock has a market capitalization of $32.23 million, a PE ratio of 23.75 and a beta of 0.30. The stock has a 50 day moving average of $11.01 and a two-hundred day moving average of $10.75.
The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.51%.
Glen Burnie Bancorp Company Profile (NASDAQ:GLBZ)
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 accepts various deposits, including demand savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, holiday club accounts, and certificates of deposit.
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