TrustCo Bank Corp. NY (TRST) Sets New 12-Month High at $6.94
Shares of TrustCo Bank Corp. NY (NASDAQ:TRST) hit a new 52-week high on Wednesday . The stock traded as high as $6.94 and last traded at $6.89, with a volume of 55,117 shares. The stock had previously closed at $6.93.
The firm has a 50 day moving average of $6.56 and a 200 day moving average of $6.19. The company has a market capitalization of $661.55 million and a price-to-earnings ratio of 15.84.
TrustCo Bank Corp. NY (NASDAQ:TRST) last posted its earnings results on Thursday, July 21st. The company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.00. During the same period in the previous year, the business posted $0.11 earnings per share. Analysts expect that TrustCo Bank Corp. NY will post $0.43 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in TrustCo Bank Corp. NY stock. First Trust Advisors LP increased its stake in TrustCo Bank Corp. NY (NASDAQ:TRST) by 66.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 340,473 shares of the company’s stock after buying an additional 136,522 shares during the period. First Trust Advisors LP owned about 0.36% of TrustCo Bank Corp. NY worth $2,091,000 at the end of the most recent quarter.
Trustco Bank Corp NY is a savings and loan holding company. The Company’s principal subsidiary is Trustco Bank (the Bank). The Company operates through the community banking segment. The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations.
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