Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of Glen Burnie Bancorp (NASDAQ:GLBZGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.92 and traded as high as $5.76. Glen Burnie Bancorp shares last traded at $5.76, with a volume of 294 shares.

Glen Burnie Bancorp Trading Down 3.4 %

The company has a market capitalization of $16.70 million, a price-to-earnings ratio of 192.06 and a beta of 0.62. The business’s 50 day moving average price is $5.58 and its two-hundred day moving average price is $4.92.

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

About Glen Burnie Bancorp

(Get Free Report)

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.

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