Civista Bancshares Inc. (CIVB) Hits New 12-Month High at $14.14
Civista Bancshares Inc. (NASDAQ:CIVB)’s share price hit a new 52-week high on Monday . The company traded as high as $14.14 and last traded at $13.94, with a volume of 16,427 shares traded. The stock had previously closed at $13.68.
Separately, Hovde Group lowered Civista Bancshares from an “outperform” rating to a “market perform” rating and upped their target price for the stock from $13.25 to $14.50 in a research report on Monday.
The company has a market capitalization of $112.00 million and a price-to-earnings ratio of 10.85. The company’s 50 day moving average price is $12.33 and its 200-day moving average price is $11.32.
Civista Bancshares (NASDAQ:CIVB) last announced its quarterly earnings results on Friday, April 22nd. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.12. On average, equities research analysts anticipate that Civista Bancshares Inc. will post $1.44 earnings per share for the current fiscal year.
Civista Bancshares, Inc is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services.
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