Glen Burnie Bancorp (NASDAQ:GLBZ) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Glen Burnie Bancorp (NASDAQ:GLBZ) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.12 and traded as high as $5.95. Glen Burnie Bancorp shares last traded at $5.85, with a volume of 1,776 shares trading hands.

Glen Burnie Bancorp Price Performance

The firm’s 50 day moving average is $5.77 and its 200 day moving average is $5.12. The firm has a market cap of $16.97 million, a P/E ratio of 195.07 and a beta of 0.62.

Glen Burnie Bancorp (NASDAQ:GLBZ) last posted its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.04 earnings per share for the quarter. The company had revenue of $3.18 million for the quarter. Glen Burnie Bancorp had a return on equity of 0.50% and a net margin of 0.60%.

Glen Burnie Bancorp Company Profile

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 offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.