Sussex Bancorp (SBBX) Sets New 12-Month High at $15.99
Sussex Bancorp (NASDAQ:SBBX) shares reached a new 52-week high on Friday . The company traded as high as $15.99 and last traded at $15.25, with a volume of 13,962 shares trading hands. The stock had previously closed at $14.76.
Separately, Zacks Investment Research lowered Sussex Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 29th.
The firm’s 50-day moving average price is $13.75 and its 200-day moving average price is $13.16. The company has a market capitalization of $69.97 million and a P/E ratio of 16.22.
Sussex Bancorp (NASDAQ:SBBX) last released its quarterly earnings results on Tuesday, April 26th. The financial services provider reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.10. On average, equities research analysts forecast that Sussex Bancorp will post $1.08 earnings per share for the current year.
Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.
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