Xenith Bankshares Inc. (NASDAQ:XBKS)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $1.97 and last traded at $2.19, with a volume of 350,742 shares traded. The stock had previously closed at $8.90.

The company has a market cap of $28.75 million and a price-to-earnings ratio of 8.11. The company has a 50-day moving average price of $4.90 and a 200 day moving average price of $4.61.

Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly earnings results on Wednesday, July 27th. The financial services provider reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.02. Analysts anticipate that Xenith Bankshares Inc. will post $0.32 earnings per share for the current fiscal year.

Xenith Bankshares, Inc is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank focusing on banking needs of middle market and small businesses, local real estate developers and investors, private banking clients and select retail banking clients. Its services and products consist of taking deposits from, and making loans to, its target customers within its target markets.

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